Easing back from lock-down Boris Johnson made his long-awaited statement on the government’s plans to ease lock-down (7pm, Sunday 10 May 2020). No great surprises and we have included a brief business-related summary in this post. In his address he said: And the first step is a change of emphasis that we hope that people […]

In the past, claims for the costs of home office furniture and other equipment has been difficult to obtain unless your employer dictates that you must work from home. With the advent of lock-down and working from home now mandated for a large proportion of the working population, HMRC are being inundated with claims. Employees […]

1 May 2020 – Due date for corporation tax due for the year ended 30 July 2019. 19 May 2020 – PAYE and NIC deductions due for month ended 5 May 2020. (If you pay your tax electronically the due date is 22 May 2020). 19 May 2020 – Filing deadline for the CIS300 monthly […]

The following announcement was recently made by Companies House: Businesses will be given additional support to help them meet their legal responsibilities under changes announced today (16 April 2020). Companies House will temporarily pause the strike off process to prevent companies being dissolved. This will give businesses affected by the coronavirus outbreak the time they […]

General Register Offices are currently operating with reduced capacity and with government guidance to social distance and stay at home, new parents are advised not to visit them. They can however still claim Child Benefit without having to register their child’s birth first to ensure that they do not miss out. If they already claim […]

There has been considerable commentary in the media about this support initiative as business owners – struggling to cope with the reduction in their cash resources due to the COVID-19 outbreak – are finding it difficult to secure support from their bank. Readers will be encouraged by the Chancellor’s recent comments when he confirmed that […]

If you are eligible, payments under the above scheme are due to be made by HMRC next month, June 2020. Readers who need financial support at an earlier date can still apply for Universal Credits as an interim measure. Who can claim under SEISS? To qualify for a payment under SEISS you will need to […]

From 1 May 2020, VAT on e-publications has been scrapped. Good news for those of us who subscribe to newspapers online or buy books to read on electronic devices. The change will potentially slash the cost of e-books and newspapers making reading more accessible as people stay at home. Newspapers will also benefit from up […]

Low interest rates announced for Bounce-Back Loan Scheme (BBLS) This new scheme announced last week, was the subject of a letter from the Chancellor (1 May 2020) to the accredited lenders who have been instructed to facilitate the scheme since 4 May 2020. In his letter he said: In my statement to the House of […]

Aside from the plethora of schemes to support businesses during the coronavirus disruption, employers should not forget that there is a raft of filing obligations that still need to be met. This post lists the various employer reporting obligations regarding employee benefits and expenses for 2019-20.   The following table is reproduced from the government […]