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Tag: Reimbursing expenses for home office equipment

Reimbursing expenses for home office equipment 27/May/2020
Reimbursing expenses for home office equipment

HMRC has updated its guide for employers who have employees working from home due to the COVID-19 outbreak. This could be a result of the workplace being closed or because

Employee car ownership schemes 27/May/2020
Employee car ownership schemes

An Employee Car Ownership Scheme (ECOS) is a set of arrangements whereby employees acquire cars from a specified, often single source and within a specified financing framework.

New HM Treasury instructions re CJRS 27/May/2020
New HM Treasury instructions re CJRS

The Chancellor, Rishi Sunak has made a further Treasury Direction under sections 71 and 76 of the Coronavirus Act 2020 concerning the Coronavirus Job Retention Scheme (CJRS).

The

Estate Agents who may be exempt from Money Laundering registration 27/May/2020
Estate Agents who may be exempt from Money Laundering registration

HMRC is responsible for the money laundering supervision of a number of businesses including estate and lettings agents. Estate agency businesses that HMRC is responsible for

Rules on waiving income or donating to charities 27/May/2020
Rules on waiving income or donating to charities

HMRC has published a new press release that provides some advice for people choosing to give up their income to support their business or donate to charity during the Coronavirus

New advisory fuel rates published 27/May/2020
New advisory fuel rates published

Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who reimburse employees for business travel in

Tackling redundant stock 26/May/2020
Tackling redundant stock

Many retailers and manufacturing businesses have stock on their shelves gathering dust.

There are compelling reasons for tackling this issue as we cautiously emerge from

Tax Diary June/July 25/May/2020
Tax Diary June/July 2020

1 June 2020 – Due date for Corporation Tax due for the year ended 31 August 2019.

19 June 2020 – PAYE and NIC deductions due for month ended 5 June 2020. (If you pay your tax

Coronavirus Statutory Sick Pay Rebate Scheme 22/May/2020
Coronavirus Statutory Sick Pay Rebate Scheme

Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May.  The government has announced a new online service will be launched on […]

Coronavirus Future Fund launched 21/May/2020
Coronavirus Future Fund launched

Last month, the Chancellor, Rishi Sunak, announced a number of measures to help innovative firms survive the Coronavirus pandemic. One of these measures was the launch of a special

Maximum loan under CLBILS increased to £200m 21/May/2020
Maximum loan under CLBILS increased to £200m

The scope of the Coronavirus Large Business Interruption Loan Scheme (CLBILS) is to be extended from 26 May 2020. The maximum loan size will be increased from £50 million to

Trade credit insurance guarantee 20/May/2020
Trade credit insurance guarantee

Trade credit insurance is a contract acquired by suppliers to make sure they get paid even if their customers default. This gives businesses the confidence to trade with one

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