HMRC updates tax guidance for waiving income and bonuses and charitable giving


HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the COVID-19 pandemic.

Read more...


One in 10 firms unable to reopen safely under current guidance, study reveals


One in 10 firms are unable to open safely under the Government’s current health and safety guidance, a major study has revealed.

Read more...


Coronavirus Job Retention Scheme – the next steps


The Government’s Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, was recently extended until October, with no changes until August. But what happens next with the scheme?

Read more...


New Corporate Insolvency and Governance Bill to extend accounting deadlines


The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.

Read more...


One-third of SMEs ‘may never re-open’ after Covid-19, study reveals


One-third of small businesses believe they will never reopen as a result of Covid-19 disruption, according to the latest research.

Read more...


Self-Employment Income Support Scheme receives 440,000 applications on day one


The landmark Self-Employment Income Support Scheme (SEISS) recorded more than 440,000 applications on its first day, official figures have revealed.

Read more...


More than 423,000 workers were paid less than the National Minimum Wage in 2019


More than 423,000 workers were paid less than the National Minimum Wage (NMW) in 2019, according to a recent study.

Read more...


Self-Employment Income Support Scheme open for business


The Self-Employment Income Support Scheme (SEISS) is now open for business, weeks ahead of schedule.

Read more...


COVID-19: The impact on company car benefit in kind


Due to the coronavirus pandemic, many people in the UK are now working from home or have been placed on furlough leave, meaning that they are not using their employer-provided company car. But what is the impact on the benefit

Read more...


Zero-rate of VAT applied to sales of PPE from today


The tax on personal protective equipment purchased by care homes, businesses, charities and individuals will be cut from today, it has been announced.

Read more...


IR35: House of Lords committee calls for reform of off-payroll working rules


A House of Lords committee report that is reviewing the planned changes to the IR35 off-payroll working rules has called for a reform of the rules, stating that there are ‘inherent flaws’ in the legislation.

Read more...


Businesses who defer VAT payments should continue to file returns as usual, says HMRC


Businesses who have deferred VAT payments until the end of June 2020 should continue to file Making Tax Digital (MTD) returns as normal, the regulator has confirmed.

Read more...


Retail, hospitality and leisure firms set for £10 billion business rates savings


Businesses in the retail, hospitality and leisure sector are expected to save around £10 billion this tax year through business rates relief, official figures have revealed.

Read more...


Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR


Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed.

Read more...


COVID-19 – HMRC relax inheritance tax process


HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic.

Read more...