20 December

2019-20 Personal Tax Payment Plan System Live

How to set up a 2019-20 UK personal tax payment plan by instalments online with HMRC.

2 November

COVID-19 – Business Support – Job Retention Scheme Extended By A Month and More

The original Job Retention Scheme was due to end at midnight on 31st October to be replaced by the Job Support Scheme.  In a dramatic development, literally hours before the deadline, the scheme has been extended to cover the period of the new national lockdown to December.   In addition, the scheme is reverting to […]

1 November

COVID-19 – Business Support – Job Retention Scheme Extended and More

Job Retention Scheme extended over the new national lockdown to December with the government covering up to 80% of an employee’s pay.

24 October

COVID-19 – Business Support – Major Changes to the Job Support Scheme

The Government has announced major changes to the Job Support Scheme. All the details are here.

30 September

COVID-19 – Business Support – Rishi Sunak Announces Winter Economy Plan

The Chancellor of the Exchequer, Rishi Sunak, has delivered his Winter Economy Plan to support economic recovery in response to the current COVID-19 landscape. These measures include:– A new Job Support Scheme;– The extension of Self Employment Income Support Scheme;– The extension of the 5% reduced VAT rate for the hospitality and tourism sectors to […]

10 July

COVID-19 – Business Support – Rishi Sunak Announces the Second Part of a Three-Phase Plan to Secure Economic Recovery

The Chancellor of the Exchequer, Rishi Sunak, has delivered his Summer Economic Update which contained a number of policy decisions intended to support the recovery from COVID-19.  There were a number of flagship announcements.   Under the Job Retention Bonus, the government will introduce a one-off payment of £1,000 to UK employers for every furloughed […]

19 June

COVID-19 – Business Support – Flexible Furlough and the Road Ahead for the Coronavirus Job Retention Scheme

The last date to furlough an employee under the Coronavirus Job Retention Scheme has now passed but, from 1st July, employers can bring furloughed employees back to work for any amount of time and any work pattern, while still being able to claim the grant for the hours not worked. This option only applies to […]

10 June

COVID-19 – Business Support – Today is the Last Day to Furlough an Employee for the First Time…but there is a Last-Minute Change

Today is the last day that an employer can furlough an employee for the first time under the Coronavirus Job Retention Scheme. This is a precursor to the introduction of flexible furloughing on 1st July.   From July, the scheme will be restricted to employers currently using the scheme and to employees that are or […]

1 June

COVID-19 – The Government has Announced a Welcome Second Grant under the Self-Employment Income Support Scheme but Key Groups to the Revival of the Economy are Still Left with Nothing

The application process for the initial grant under the Self-Employment Income Support Scheme opened on 13th May 2020 and, at the end of 24th May, 2.3 million claims had been made for a total of £6.8 billion   The eligibility criteria for self-employed individuals, including members of partnerships, are that they: submitted their Self-Assessment tax […]

30 May

COVID-19 – Business Support – Three Important Job Retention Scheme Updates – Flexible Furloughing to start from 1st July, the scheme to close to new entrants on 30th June and the employer to start to contribute from August

The Chancellor, Rishi Sunak, has announced three important updates to the Job Retention Scheme.   Firstly, the concept of flexible furloughing has been brought forward by a month to 1st July 2020.  This will enable businesses to bring furloughed employees back to work on a part-time basis.   It will be left for the individual […]