01Jun
Furlough scheme – outline changes announced
The Chancellor has announced plans to end the Furlough scheme on 31 October 2020, with Government contribution levels gradually reducing from 1 August. From 1 July 2020, businesses will be […]
Blog
12May
Furlough scheme to run until October
Chancellor Rishi Sunak has today announced that the Coronavirus Job Retention Scheme will be extended by four months until the end of October. Employers will be able to bring back […]
29Apr
Small businesses offered “bounce back” loans
HM Treasury (HMT) has announced details of a new 100% Government-backed loan scheme for small businesses. Under the scheme, businesses will be able to borrow between £2,000 and £50,000 and […]
24Apr
Annual Reporting for Employment Related Securities
To date we have not been advised of any Covid-19 related extension covering the reporting of Employment Related Securities, however, we will advise if this situation changes. Therefore, where an […]
21Apr
The Coronavirus Job Retention Scheme (CJRS) officially went live yesterday – 20 April
67,000 claims were made within 30 minutes of its opening. By the end of the day, 140,000 companies had applied for the scheme. The online system should be able to […]
20Apr
Changes to inheritance tax payments and returns processes
HM Revenue & Customs (HMRC) will no longer accept payment of inheritance tax (IHT) by cheque, and will not issue repayments by cheque any longer. The change in approach has […]
15Apr
New requirements for reporting and paying Capital Gains Tax (CGT) on disposals of UK residential property
Whilst many property transactions may unexpectedly have been put on hold in recent weeks, UK resident individuals and trustees disposing of UK residential property need to be mindful of HMRC’s […]
14Apr
Preparing for the Coronavirus Job Retention Scheme
We can help you get ready to make a claim under the Coronavirus Job Retention Scheme. If you are eligible for the scheme, there are things that you should be […]
07Apr
Update on R&D tax relief in the light of the COVID-19 pandemic
We have received a number of queries regarding R&D at the current time. The situation is obviously fast-changing, but HMRC have currently indicated: However, as we now know that the […]
06Apr
Business Interruption Loan Scheme – Amended
The Government has announced amendments to the Coronavirus Business Interruption Loan Scheme (CBILS) after claims that banks were forcing companies to provide personal guarantees, and is adding an option for […]
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