by Gary Woosey | Jan 13, 2021 | Tax
HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay was because of COVID-19. HMRC confirmed the news in a statement, with the 31 January filing deadline looming. The decision...
by Gary Woosey | Jan 11, 2021 | Covid-19
Towards the end of 2020, the Chancellor announced the furlough scheme’s extension until 30 April 2021, which will continue to contribute 80 per cent towards employees’ wages. Despite some similarities to the initial scheme in March 2020, this time around the...
by Gary Woosey | Jan 4, 2021 | Covid-19
The Trades Union Congress (TUC) states that working parents with children, who struggle to balance their work-life and childcare, should be put on the furlough scheme whilst the schools are closed. According to the union, many bosses may be unaware that they can take...
by Gary Woosey | Dec 18, 2020 | Covid-19
As businesses prepare to enter a new year, the Chancellor Rishi Sunak has confirmed a further extension to the Government-backed loans and Coronavirus Job Retention Scheme (CJRS). In a move that the Chancellor said would provide “certainty for millions of jobs...
by Gary Woosey | Dec 14, 2020 | Covid-19
To get ahead of the anticipated rise in company collapses next year, the Insolvency Service has instructed insolvency practitioners to report all fraudulent coronavirus loan applications to them. This executive agency of the Department for Business, Energy and...
