Covid-19: Portal now OPEN to claim Statutory Sick Pay Rebate
Small businesses whose staff were off sick with the coronavirus can now claim Statutory Sick Pay (SSP) refunds, it has been announced.
Cash no longer king as card payments surge in lockdown
Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years.
HMRC scam calls have decreased by 97 per cent
Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported.
Give yourself Time to Pay
Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC).
Claim up to £5,000 towards the cost of cloud accounting software under new Help to Grow: Digital scheme
Small businesses could get up to £5,000 to pay for cloud accounting software under the Help to Grow: Digital scheme, it has been announced.
Consultation on global minimum corporation tax for large multinationals
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.
Penalty reform for VAT delayed until January 2023
The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury).
New rules to end second home tax loophole
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Should payments made by an employee for vehicle and uniform rental be treated as reductions when calculating the National Minimum Wage (NMW)?
Well according to a recent Employment Appeals Tribunal (EAT), yes, they should.
HMRC’s guidance on reasonable excuses for late tax payments updated
It should perhaps be no surprise given the circumstances of the pandemic that individuals and businesses might have incurred penalties for late tax payments.
