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Accounting for mobile phone use

Accounting for mobile phone use

Posted in Latest News on October 1, 2020

During the last few months, to assist workers with working from home, many businesses have supplied a work mobile phone, but how should they account for …

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Annual Investment Allowance – Time is running out

Annual Investment Allowance – Time is running out

Posted in Latest News on October 1, 2020

Since 1 January 2019, the Annual Investment Allowance (AIA) for capital allowances has been £1 million – helping businesses to invest tax efficiently. …

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HM Revenue & Customs publishes further details of the Job Support Scheme

HM Revenue & Customs publishes further details of the Job Support Scheme

Posted in Latest News on October 1, 2020

HM Revenue & Customs (HMRC) has published further details of the Job Support Scheme (JSS), announced by the Chancellor during his Winter Economy Statement …

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Price of plastic bags in England to double to 10p

Price of plastic bags in England to double to 10p

Posted in Latest News on October 1, 2020

The price of plastic bags in larger retailers in England will double from 5p to 10p from April next year. The 5p charge was first introduced in 2015 and …

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HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims

HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims

Posted in Latest News on September 11, 2020

HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme …

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Four in five SMEs are confident over their Coronavirus recovery

Four in five SMEs are confident over their Coronavirus recovery

Posted in Latest News on September 11, 2020

Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling …

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The first Child Trust Funds (CTFs) can now be claimed

The first Child Trust Funds (CTFs) can now be claimed

Posted in Latest News on September 11, 2020

The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free …

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Key dates for the Coronavirus Job Retention Scheme

Key dates for the Coronavirus Job Retention Scheme

Posted in Latest News on September 11, 2020

As the Coronavirus Job Retention Scheme (CJRS) is slowly wound down by the Government, businesses must adapt their PAYE reporting and payroll function …

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Advisory Fuel Rates for next quarter come into effect

Advisory Fuel Rates for next quarter come into effect

Posted in Latest News on September 11, 2020

A new set of Advisory Fuel Rates for the next financial quarter are now in effect as of 1 September 2020. These rates apply to any employee who uses a …

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More than £1 billion in tax reliefs for creative industry

More than £1 billion in tax reliefs for creative industry

Posted in Latest News on September 11, 2020

According to the latest official figures from HM Revenue & Customs (HMRC), a total of £1.1 billion was paid out in tax reliefs for the creative sector …

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