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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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Coronavirus Job Retention Scheme (CJRS) Employers will be relieved that the waiting is over, as of 5.30am this morning (20 April 2020), they can login to HMRC’s new portal and claim their CJRS rebate for the first pay periods. HMRC have promised that money will be in employers’ bank accounts within six working days of […]

High street shops and other companies under strain will be protected from aggressive rent collection and asked to pay what they can during the coronavirus pandemic. In a recent press release a government spokesperson said: “The majority of landlords and tenants are working well together to reach agreements on debt obligations, but some landlords have […]