The Maternity Allowance, Statutory Maternity Pay, Statutory Paternity Pay, Statutory Adoption Pay, Statutory Shared Parental Pay and Statutory Parental Bereavement Pay (Normal Weekly Earnings etc.) (Coronavirus) (Amendment) Regulations 2020 came into
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 Chancellor, Rishi Sunak has today (27 April 2020) made a statement to the House of Commons on the government’s economic response to the Coronavirus outbreak. The Chancellor confirmed that the Office of Budget Responsibility (OBR) has said
An income stream is a fanciful term to describe a source of income. This post examines the value of creating more than one source of income as opposed to relying on just one source.
First, a cliché, placing all your eggs in one
Aside from the various rate reduction schemes, grants linked to the occupation of business premises, the furlough scheme and the Self-Employed Income Support Scheme, all other sources of government support for SME’s are a bewildering array of
The new VAT road fuel scale charges have been published. The changes amend the VAT scale charges for taxing private use of road fuel to reflect changes in fuel prices.
The new fuel scale charges must be used by companies from the start of their next
Companies House has confirmed that businesses will be provided with additional support to help them meet their legal responsibilities in light of the COVID-19 outbreak.
The measures include the following:
Companies House will temporarily pause
HMRC has released the latest bi-monthly issue of the 'Agent Update' publication which includes summaries of recent changes and updates that have been announced. The document, which is aimed at taxation and accountancy practitioners, includes
The government has announced a new £1.25bn scheme to help innovative firms survive the coronavirus pandemic.
The package is made up of:
£500 million investment fund for high-growth companies impacted by the crisis, made up of funding
The Coronavirus Job Retention Scheme that allows employers to claim cash grants of up to 80% of wages (capped at £2,500) for furloughed workers was officially launched at 8am on 20 April 2020. By midnight at the end of the first day, HMRC