Time to Pay arrangements & Coronavirus

Time to Pay arrangements & Coronavirus

Throughout the pandemic, flexible Time to Pay Arrangements (TTPA’s) have been available to taxpayers struggling to meet their liabilities. The arrangements grant taxpayers additional time to pay the tax that they owe. Consequently, the ‘debt’ will not be pursued as

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‘Winter Economy Plan’ unveiled as Budget is scrapped

‘Winter Economy Plan’ unveiled as Budget is scrapped

Last month, the Chancellor unveiled his ‘Winter Economy Plan’ after scrapping plans to deliver an Autumn Budget this year. With ‘difficult winter months’ ahead, Rishi Sunak announced a handful of new business support measures. The hope, is that these will

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CJRS compliance letters issued by HMRC

CJRS compliance letters issued by HMRC

HM Revenue & Customs (HMRC) has been writing to certain employers about issues with Coronavirus Job Retention Scheme (CJRS) compliance. Its focus is on those who have knowingly put forward fraudulent claims and less so on those who have made

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Taxable expenses and benefits guidance updated ahead of P11D deadline

Taxable expenses and benefits guidance updated ahead of P11D deadline

Ahead of the P11D and P11D(b) deadline on 6 July, and in light of Coronavirus, the Government has updated its taxable expenses and benefits guidance. If you provided benefits in kind or non-exempt expenses to employees during the 2019/20 tax

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CJRS extended as Government detail recovery roadmap

CJRS extended as Government detail recovery roadmap

On 12 May, the Chancellor confirmed that the Coronavirus Job Retention Scheme (CJRS) will remain open until the end of October. The announcement follows Boris Johnson’s speech outlining the Government’s response to the next phase of the pandemic. In essence,

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Furlough eligibility cut-off date extended to 19 March

Furlough eligibility cut-off date extended to 19 March

Yesterday, the government confirmed that it has altered the cut-off date determining eligibility for furlough under the Coronavirus Job Retention Scheme (CJRS), from 28 February to 19 March, meaning 200,000 more people will benefit. Under the scheme, employers can claim

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Accessing Coronavirus Business Support

Accessing Coronavirus Business Support

The Government have made available a full range of Coronavirus business support measures to UK businesses, employers and employees. The measures will help those challenged by the outbreak to mitigate the negative impact that it will have. A Government information

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