Kickstart Scheme: the changes from 3 February 2021
Feb 02, 2021
According to a report by the Department for Work and Pensions (DWP), the Kickstart Scheme has supported over 120,000 young people find employment, since its launch in September 2020. The Government created the scheme to help 16-to-24-year-olds find work by providing ...
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Voluntary and compulsory strike off processes paused in response to national lockdown
Jan 29, 2021
Companies House will pause both the voluntary and compulsory strike off processes for one month to support businesses affected by Covid-19, it has been announced. The extended measure comes in response to delays to the system caused ...
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EU exports halt as UK firms encounter extra charges
Jan 25, 2021
Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes and paperwork. Some have stopped exports to the EU as a ...
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What to do if you’re rejected for Time to Pay
Jan 21, 2021
An estimated 25,000 taxpayers have registered to spread out tax payments this year using the Time to Pay service, HM Revenue & Customs (HMRC) recently revealed. But what happens when your application gets rejected? In this blog, we’ll explore why you ...
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IR35: Businesses are still not prepared for off-payroll working rules
Jan 18, 2021
According to a recent study, many UK firms are not adequately prepared for the off-payroll tax rule changes for the private sector to start in April 2021. The survey, which had 3,300 contractors as respondents, revealed that 52 per cent of ...
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Self Assessment: thousands spread tax liabilities in response to coronavirus disruption
Jan 14, 2021
Thousands of self-employed workers have taken advantage of the Government’s extended Time to Pay scheme ahead of the 31 January Self Assessment deadline, a new report has revealed. HM Revenue & Customs (HMRC) said around 25,000 taxpayers have now registered to ...
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CJRS: Main changes to the extended scheme
Jan 12, 2021
Towards the end of 2020, the Chancellor announced the furlough scheme’s extension until 30 April 2021, which will continue to contribute 80 per cent towards employees’ wages. Despite some similarities to the initial scheme in March 2020, ...
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Are you making full use of the Government’s COVID-19 financial support package?
Jan 08, 2021
Download our latest guide to make sure you are taking advantage of the support on offer As we enter yet another national lockdown, businesses may be concerned about their ability to survive and succeed in the weeks and months ahead. The level ...
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HMRC warns of tax scams ahead of Self Assessment deadline
Jan 07, 2021
HM Revenue & Customs (HMRC) has warned businesses to watch out for tax scams ahead of the 31 January Self Assessment Deadline. It comes after the tax office responded to thousands of reports of bogus emails, text messages and phone calls ...
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Chancellor announces grants worth up to £9,000 for businesses in the retail, hospitality and leisure sectors
Jan 05, 2021
The Chancellor, Rishi Sunak, has announced a package of one-off grants worth between £4,000 and £9,000 for businesses in the retail, hospitality and leisure sectors, following the announcement of a nationwide lockdown in England lasting until at least mid-February. The new ...
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