The devastating effects of the pandemic have meant small businesses in the UK have changed the direction of their organisations to survive the impact of the Coronavirus pandemic and lockdown restrictions. More than a year on from the start of … Continue reading
HMRC unveils penalty regime for VAT deferral scheme
Companies that signed up to the VAT deferral scheme have been warned they face a five per cent penalty if they do not make payment arrangements by 30 June this year. Over half a million businesses deferred VAT payments last … Continue reading
HMRC contacts self-employed individuals who could be eligible for fourth SEISS grant
HM Revenue & Customs (HMRC) is now contacting self-employed individuals who could be eligible for the fourth round of the Government’s Self-Employment Income Support Scheme (SEISS). The fourth round of the scheme covers the period from 1 February 2021 to … Continue reading
Furlough scheme guidance updated
HM Revenue & Customs (HMRC) has published a series of updates to its guidance on the Coronavirus Job Retention Scheme (CJRS), more commonly known as the ‘furlough scheme’. The updates cover the changes to the scheme as it is extended … Continue reading
New claims needed to continue receiving working from home tax relief
Employees who are continuing to work from home as a result of the Coronavirus pandemic and whose expenses have not been reimbursed by their employers should make new claims to continue receiving working from home tax relief. This is because … Continue reading

