Newsletter issue - June 2020. The government has introduced a temporary tax exemption and National Insurance disregard to ensure that home office equipment purchased by employees as a result of the coronavirus outbreak, will not attract tax and NICs liabilities where reimbursed by the employer. This temporary change applies for 2019/20 from 16 March 2020,…Read More
Newsletter issue - June 2020. To help ease the financial impact of the coronavirus (COVID-19), the Government has announced that self-employed taxpayers may be able to defer some tax payments without paying a penalty. At present it is possible to: delay VAT payments due before 30 June 2020 until 31 March 2021; delay self-assessment payments…Read More
Newsletter issue - June 2020. From 26 May 2020 onwards, employers can make claims through the Coronavirus Statutory Sick Pay (SSP) Rebate Scheme. This is a new online service and forms part of the package of support measures for businesses affected by the COVID-19 outbreak. The service enables small and medium-sized employers with fewer than…Read More
Newsletter issue - June 2020. As the new tax year progresses, now is a good time review some of the tax-efficient savings incentives available which may help maximise potential returns. Help-to-save The Help-to-Save scheme offers working people on low incomes a 50% bonus, rewarding savers with 50p for every £1 saved. Over four years, a…Read More
Newsletter issue - June 2020. Q. I am the director of a limited company and due to the impact of the coronavirus, I will need to waive my entitlement to company dividends for the time-being. Are any formal waiver procedures necessary? A. A ‘waiver of remuneration’ happens when a director or employee gives up rights…Read More
Newsletter issue - June 2020. 19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/6/2020Read More
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We are committed to an evidence-led and common-sense approach to containing the coronavirus outbreak and mitigating its impact on employees, customers and our wider business operations.
Please be assured we are preparing for our services to continue as normal. We have business continuity plans in place to minimise the risk of infection and make sure we can continue to deliver a business-as-usual service to our customers should an infection occur at an office. These include implementing clear guidelines for employees, providing support and advice for anyone who needs to self-quarantine, and issuing guidance on following safe hygiene practices across the organisation.
You can find further information on Covid-19 below to keep you updated: