The last tax year has not long ended, but now is the time to think about how you report taxable benefits provided to your employees. On the horizon there is the all-important P11D deadline looming, which may require some employers to ...
READ MORESmall business confidence has risen to its highest level since autumn 2014, a major study has revealed. The finding forms part of the Federation of Small Businesses’ (FSB) quarterly Small Business Index (SBI), which comes as non-essential retail in England and ...
READ MOREEmployees 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 claims ...
READ MOREHM 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 from ...
READ MOREHM 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 30 ...
READ MOREThe Annual Tax on Enveloped Dwellings (ATED) return for 2021 to 31 March 2022, and any tax due for the year, is due by 30 April 2021. What is the ATED? The ATED is a system that came into force on 1 ...
READ MOREMedium and large employers are now required to determine the employment status of contractors after major changes to the off-payroll working rules came into force this month. Here’s what you need to know. What are the off-payroll working rules? A contractor who works ...
READ MOREBusinesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors can now access one-off cash grants of up to £18,000 from their local council. The Restart Grant scheme opened nationally on 1 April 2021 and is now being rolled out by ...
READ MOREThe new minimum rate of pay for workers in England comes into force today, 01 April 2021, it has been confirmed. According to the Government, around two million of the UK’s lowest-paid workers will benefit from the rise in the National ...
READ MOREMillions of taxpayers in the UK could face earlier tax payments as part of the Government’s 10-year strategy to build a “trusted, modern tax administration system”. Due to the challenges of the current tax-payment timings, it is considering bringing tax payments ...
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