27/May/2020Reimbursing 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
27/May/2020Employee 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.
27/May/2020New 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
27/May/2020Estate 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
27/May/2020Rules 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
27/May/2020New 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
26/May/2020Tackling 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
25/May/2020Tax 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
22/May/2020Coronavirus 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 […]
21/May/2020Coronavirus 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
21/May/2020Maximum 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
20/May/2020Trade 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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