Had everything gone to plan this year, the Chancellor would have been delivering his Autumn Budget speech. Instead, Rishi Sunak declared an “economic emergency” alongside a slimmed down spending plan to see him through until spring.(more…) Read More
According to reports, the number of fraudulent claims has continued to increase in recent weeks as exploitation of the Coronavirus Job Retention Scheme (the furlough scheme) becomes a new Government threat. HMRC has announced the penalties that can be imposed on the employers who commit furlough fraud. Opeyemi Ogundeji, researcher and employment law writer at Croner-i, explores this in more detail below.(more…) Read More
While many have decided that remote working is the future, a number of organisations are finding the disadvantages increasingly apparent. Jon Herbert investigates whether these drawbacks are simply the result of bad practice.(more…) Read More
The Coronavirus Job Retention Scheme will close on 31 October 2020. HMRC have now issued guidance on how the flexible furloughing will work. I suggest a strong drink and print out the attached and go into a quiet room for several hours to digest!
A quick summary of the position over the next few months follows but the detailed Flexible furlough document attached is how to make the claims and what it involves!(more…) Read More
The latest update on the amount of money lent under the various “Baubles loan schemes” as I like to call them:(more…) Read More
Please find enclosed our guidelines for the Vat change today relating to the hospitality, attraction and accommodation supply sectors. Remember Supply is the main word. It is fairly clear cut for most businesses but become Grey for those on the fringes of these sectors. If you supply these industries, in most cases, nothing has changed.(more…) Read More
It’s safe to say Chancellor Rishi Sunak did not expect to be delivering the first official fiscal statement less than four months after his maiden Budget speech back in March, but here we are.(more…) Read More
Print off and sit down to read.(more…) Read More
After temporarily pausing tax investigations as COVID-19
business support measures rolled out earlier this year, HMRC
has restarted probes into businesses and individuals’ tax affairs.
The Revenue has also started to direct its attention towards the
misuse of coronavirus support schemes, such as the furlough
scheme and the self-employed income support scheme.