News and Updates
HMRC issue step by step guide to CJRS claims and an online calculator
HMRC have issued a step by step guide to making the Coronavirus Job Retention Scheme claims as well as an online calculator. The calculator has limitations but can be a helpful tool...
Furlough scheme cut off date extended to 19 March
Thousands more employees will able to receive support through the Coronavirus Job Retention Scheme (CJRS) after the eligibility date was extended to 19 March 2020, the government has announced....
HMRC have extended MTD soft landing period on digital links
HMRC have updated VAT Notice 700/22 Making Tax Digital with information to extend the soft landing period on digital links. This period will now end for VAT return periods starting on or after 1 April 2021. Click on the link to access the notice and scroll down to...
COVID 19 Flowchart
HMRC_COVID_19_Flowchart_v.3_
Guidance for apprentices and employers
Government guidance for apprentices and employers including details of flexibilities to allow furloughed apprentices to continue their training as long as it does not provide services to or generate revenue for their employer....
Government guidance for job retention scheme
HMRC have issued full guidance on the job retention scheme which also clarifies the position with directors and the duties they can still perform and be eligible for furlough....
Rules on carrying over annual leave to be relaxed to support key industries during COVID-19
Workers who have not taken all of their statutory annual leave entitlement due to COVID-19 will now be able to carry it over into the next 2 leave years....
Summary of help for the self employed
• Taxable grant of 80% of their average monthly profits of the last 3 years or shorter period if only a shorter period available up to £2,500 a month available for up to 3 months and possibly extended as required. • Available where trading profits are up to £50,000 •...
Companies to receive 3-month extension period to file accounts during COVID-19
From 25 March 2020 businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19. As part of the agreed measures, while companies will still have to apply for the...
Gov.UK Further Businesses and Premises to Close
More detailed guidance on the businesses and premises to close has been issued by the Government: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874732/230320_-_Revised_guidance_note_-_finalVF.pdf