January 27, 2021
Penalties waived for tax returns filed before 28 February
Penalties will not be issued to taxpayers unable to meet the 31 January self-assessment filing deadline, if they file by 28 February 2021. Regardless of this latest announcement, those who can meet the 31 January deadline are encouraged to do so. Outstanding liabilities must be settled by 31 January. Taxpayers
January 6, 2021
New lockdown grants announced by Chancellor
The Chancellor yesterday announced new lockdown grants worth £4.6 billion, following confirmation of a third national lockdown in England. Expected to endure until at least mid-February, the grants are intended to support the most severely impacted businesses and sectors. Grants for retail, hospitality and leisure businesses Businesses in retail, hospitality
December 10, 2020
Preparing for customs and VAT after Brexit
We are less than one month away from the end of the Brexit transition period; the point at which the UK officially leaves the European Union. For businesses, this means new processes, protocols and procedures. In this blog, we explore how your business can approach just two of these issues:
December 7, 2020
Three-tier system impact on businesses
With the national lockdown having ended on 2 December, the Government has reintroduced the three-tier system across England. Compared to previously, the tiers are stricter this time around. Each alert level, (tier 1 = medium, tier 2 = high, tier 3 = very high) will determine which businesses can remain
December 2, 2020
Virtual Christmas party counts towards annual function exemption
Employers may be considering how they can celebrate the upcoming festive period, since a traditional office Christmas party is out of bounds. Moving merriments ‘online’ is one way to ensure that you can all still get together, safely. An online office Christmas party on the cards? After calls for clarification,
November 13, 2020
Local grant funding for open and closed businesses
Local grant funding is being made available to businesses impacted by national and local restrictions, via local councils. Local Restrictions Support Grant (LSRG (Closed)) Businesses that were open but required to close because of local restrictions may be eligible to receive a cash grant. Grants will be awarded for each
November 2, 2020
Furlough scheme continues as lockdown confirmed
As we face a second lockdown, the government has confirmed the continuation of the furlough scheme until December 2020. New Coronavirus restrictions will take effect on 5 November 2020 and remain in place for four weeks, until 2 December 2020. The restrictions, akin to the national lockdown we experienced first