HMRC targets tax evaders and avoiders with new joint and several liability notices
The ‘joint and several liability of company directors, etc’ legislation was introduced in the Finance Act 2020 to help deliver fairness across the tax system. We examine who th
What are the new VAT rules for online sales to EU customers?
The One Stop Shop scheme (OSS) and Import One Stop Shop scheme (IOSS) introduced in July 2021 aim to simplify the VAT compliance burden on online sellers. In this article, we look
Government names, shames and fines employers that fail to pay National Minimum Wage
The government has named and shamed 191 employers who have paid employees less than the minimum wage, including household names such as John Lewis, Pret A Manger and The Body Shop
How has Covid-19 affected the completion of P11D submissions for benefits in kind?
The Covid-19 pandemic has changed the way people work and, in turn, has affected the expenses employees have incurred. What impact will this have on the annual P11Ds for 2020/2021,
Government launches Help to Grow programmes for small businesses – with more to come
The government’s new Help to Grow: Management and Help to Grow: Digital programmes are designed to help small and medium-sized businesses in the UK learn new skills, reach new cu
Employers required to contribute 10% to furlough payments from 1 July
The level of grant available to employers under the Coronavirus Job Retention Scheme (furlough) is changing from 1 July 2021, with employers being required to contribute 10%. In th
Fifth Self-Employment Income Support Scheme (SEISS) grant opens for claims in July
The fifth Self-Employment Income Support Scheme (SEISS) grant covering May to September 2021 opens for claims in July. This article sets out who can claim, how this fifth grant dif
Government extends Bounce Back Loan repayment terms
The government introduced the Bounce Back Loan Scheme (BBLS) in May 2020 to help businesses access finance quickly during the Covid-19 pandemic. Businesses that took out these loan
£2,000 available for SMEs to help with new EU trade rules
A new £20m SME Brexit Support Fund offers grants of up to £2,000 to SMEs to give them the practical support they need to adjust to the new EU trading rules The fund is available
Budget 2021: key points in brief
Chancellor of the Exchequer Rishi Sunak’s Budget set out the government’s plans for fixing the “acute damage” to public finances caused by the pandemic. These include new m
