One unexpected bonus for staff forced to work from home because of the pandemic has been a £6 per week tax break. People will have seen their household bills naturally go up over the last year, from increased working at … Continue reading
Author Archives: Howard Roth
COVID forces businesses to change direction
The devastating effects of the pandemic have meant small businesses in the UK have changed the direction of their organisations to survive the impact of the Coronavirus pandemic and lockdown restrictions. More than a year on from the start of … Continue reading
HMRC unveils penalty regime for VAT deferral scheme
Companies that signed up to the VAT deferral scheme have been warned they face a five per cent penalty if they do not make payment arrangements by 30 June this year. Over half a million businesses deferred VAT payments last … Continue reading
HMRC contacts self-employed individuals who could be eligible for fourth SEISS grant
HM Revenue & Customs (HMRC) is now contacting self-employed individuals who could be eligible for the fourth round of the Government’s Self-Employment Income Support Scheme (SEISS). The fourth round of the scheme covers the period from 1 February 2021 to … Continue reading
Furlough scheme guidance updated
HM Revenue & Customs (HMRC) has published a series of updates to its guidance on the Coronavirus Job Retention Scheme (CJRS), more commonly known as the ‘furlough scheme’. The updates cover the changes to the scheme as it is extended … Continue reading