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...
by Gary Woosey | Dec 3, 2020 | Covid-19
Businesses have just days left to make a claim for staff furloughed in November, as the deadline ends on 14 December 2020. Businesses can claim before, during or after they process their payroll, as long as the claim is submitted by this key deadline. In future,...
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...