Readers who may have inadvertently over-claimed grants, the furlough scheme for example, should remedy the situation before HMRC start pro-actively investigating claims. The Finance Act 2020, contains an amnesty for notifying HMRC of any errors or overclaims within 90 days of the later of: any tax charge being payable due to the overclaim and the […]

New proposals have been outlined by government to ensure small businesses in the UK are paid on time. Currently £23.4 billion worth of late invoices are owed to small firms across Britain, impacting on businesses’ cash flow and ultimate survival. The proposals, as part of a new consultation launched 1 October 2020, look to give […]

1 October 2020 – Due date for Corporation Tax due for the year ended 31 December 2019. 19 October 2020 – PAYE and NIC deductions due for month ended 5 October 2020. (If you pay your tax electronically the due date is 22 October 2020.) 19 October 2020 – Filing deadline for the CIS300 monthly […]

Consumers and small businesses will benefit from better deals and savings through innovative services, thanks to new Smart Data laws proposed by government. Smart Data enables businesses to provide consumers with more intuitive, easy-to-use services such as better account and bill management, switching services for savings, and targeted support for vulnerable consumers, by allowing businesses […]

In a press release issued 10 September 2020, the Department for Health and Social Care has reminded affected businesses that they have a legal obligation to record the contact details of their customers, visitors and staff. Affected concerns in England should note: businesses and other public settings where people meet socially including hospitality, close contact […]

Last month the Treasury announced further support for businesses adversely affected by lockdown in local areas to control local outbreaks. Local Authorities will be funded to pay the grants now offered. Businesses in England required to close Businesses in England required to close due to local lockdowns or targeted restrictions will now be able to […]

Trying to double guess the social distancing rules is rather like placing bets on a throw of the dice. The current exhortation from the Prime Minister – to observe the rule of six – is yet a further change in the endless attempts at controlling coronavirus by manipulating social distancing regulation. But we all need […]

After much head scratching at the Treasury, the son of the furlough scheme has been unveiled. Aptly called a Job Support Scheme JSS). When the Coronavirus Job Retention Scheme finishes 31 October 2020, employers will need to register for the JSS which is being made available for six months from 1 November 2020. The JSS […]

Over 100 towns in England will be given up to £1 million to kick start regeneration projects and give areas a boost. This funding, which ranges from £500,000 up to £1 million per town, will be used to support projects that will make a difference to the area, such as new green spaces, the creation […]

Job Support Scheme A new 6-month scheme starting from 1 November 2020. This scheme has been designed to support viable jobs and employees must work at least one-third of their hours, paid as normal, in order to qualify for the scheme. The government and employer will then each cover one-third of any remaining hours the […]