HMRC has stated that, employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year. Employers have been able to pay employees up to £6 a week tax-free from 6 April 2020, to cover additional costs if they have had to work...
Since the coronavirus (COVID-19) support scheme was launched last May, more than 1.5 million Bounce Back loans have been taken out. According to the Treasury, borrowing by businesses is now over £46 billion. The Coronavirus Recovery Loan Scheme is set to replace the...
Business rates relief is to be extended with a £1.5 billion fund targeted at those businesses unable to benefit from the current coronavirus (COVID-19) support. As part of a 15 month-long relief which runs to the end on June this year retail, hospitality and leisure...
Nigel Holland Small and medium-sized enterprises (SMEs) requiring advice on imports and exports can now apply for a grant of up to £2,000. What you’ll be able to use the grant for You can use the grant for training on: how to complete customs declarationshow to manage...
HMRC has announced that tax agents and accountants will be able to send bulk appeals against late filing penalties for tax returns filed after 28 February, if the reason for late filing is due to the COVID-19 pandemic. This comes after HMRC said that penalty notice...
Nigel Holland ” There have been worrying developments regarding the HMRC payment holiday and the deferral which has been offered. Class 2 payments must be made to qualify for certain benefits and although the government’s help is appreciated it could have...
