by Gary Woosey | Nov 25, 2020 | Tax
HM Revenue & Customs (HMRC) is reminding self-assessment taxpayers of key Capital Gains Tax (CGT) changes that they need to be aware of before 31 January 2021. Since April 2020 there have important been changes to how CGT is declared and paid. UK residents that...
by Gary Woosey | Nov 23, 2020 | Covid-19
On 19 November 2020, the Government amended its guidance to give examples of what is meant by a ‘reasonable excuse’, for submitting furlough claims past the deadline. Claims need submitting within two weeks of the end of the previous calendar month unless there is a...
by Gary Woosey | Nov 16, 2020 | Covid-19
HM Revenue & Customs (HMRC) has confirmed that employees serving notice cannot be claimed for from the Coronavirus Job Retention Scheme (CJRS) from 1 December 2020 onwards. It has also confirmed further details of plans to disclose details of claims made by...
by Gary Woosey | Nov 11, 2020 | Covid-19
Employers across the UK will have welcomed the Government’s recent decision to extend the furlough scheme, also known as the Coronavirus Job Retention Scheme (CJRS), until the end of March 2021. The Government hopes this will help businesses to protect jobs by...
by Gary Woosey | Nov 10, 2020 | Covid-19
UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce Back Loan Scheme (BBLS) once the Chancellor reopens the coronavirus-related scheme on 9 November. Banks have already lent £38 billion under...
