The Government has extended childcare funding for families affected by the Coronavirus outbreak. Parents or carers who are usually eligible for Tax-Free Childcare or 30 Hours Free Childcare but whose income has fallen temporarily below the minimum income requirement as … Continue reading
Category Archives: Latest News
New legislation introduced to protect redundancy pay of furloughed workers
The Government has announced that from 31 July 2020 any furloughed worker that is made redundant will receive a payment based on their normal wage rather than the reduced rate of pay they may have received under the Coronavirus Job … Continue reading
Paying for COVID-19: Government begins exploring tax take back
The Chancellor, Rishi Sunak, has commissioned the Office of Tax Simplification (OTS) to undertake a review into how Capital Gains Tax (CGT) is paid by small businesses and individuals. It is estimated that the UK Government has already incurred hundreds … Continue reading
Government confirms the next steps for the digitisation of taxation
The Treasury has released new details on the next steps it intends to take as part of its long-term tax digitisation plan. Its timeline for a modernised digital tax system will see HM Revenue & Customs’ (HMRC) Making Tax Digital … Continue reading
Upcoming key dates for the Coronavirus Job Retention Scheme
In the next few weeks, employers may need to submit additional information or change the way they manage their Coronavirus Job Retention Scheme (CJRS) claims. To help you prepare, here are some key dates and actions you may need to … Continue reading
