Taxpayers who may have difficulty paying the tax due under self-assessment on 31 January 2021 can agree more time to pay with HMRC provided the amount outstanding is no more…
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On the 22nd of October, the Chancellor announced that the CJRS “furlough” scheme would end on 31 October 2020 to be replaced by a new Job Support Scheme (JSS). However,…
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There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also states that…
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Environmental, Social and Governance (ESG) criteria are a set of standards for a firm’s operations. There is growing interest in environmental, social and governance (ESG) considerations in the business community.…
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With many of us now working from home, making video conference calls, uploading documents and conducting business online, how can firms ensure that their data and systems are secure? UPDATE…
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The United Kingdom leaves the European Union at 11 pm on 31st December 2020 when the transitional period ends. It is still unclear whether a trade deal will have been…
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The calculation of the coronavirus job retention scheme grants has proven to be complex, particularly as HMRC frequently changed the rules and the method of computation. Consequently, many errors have…
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Class 2 National Insurance Contributions (NICs) are currently paid at the rate of £3.05 per week by self-employed earners. A person who is liable to income tax on the profits…
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