HM Revenue & Customs (HMRC) has published guidance on temporary cuts to the rate of VAT from 20 per cent to five per cent from Wednesday 15 July 2020 to 12 January 2021 for certain goods and services in the
Travel and tourism firms can now apply for grants of up to £5,000 to prepare to return to business, it has been announced.
The temporary VAT cut on personal protective equipment (PPE) will be extended until the end of October, it has been announced.
Individuals eligible for the first Self-Employment Income Support (SEISS) grant must submit their claim by 13 July 2020. The first round of SEISS funding allows self-employed individuals, who have been adversely affected by COVID-19 on or before 13 July 2020,
After some confusion regarding how flexible furlough should be calculated, HM Revenue & Customs (HMRC) has offered new guidance to help employers work out usual working hours. In its initial guidance, HMRC said that to work out how much support
More than three in five small businesses have reported “late or frozen” payments throughout the Covid-19 pandemic, a major study has revealed.
Employers will be given 30 days to ‘confess’ to furlough abuses, with legislation being fast-tracked to allow HM Revenue & Customs (HMRC) to reclaim any furlough money that is overpaid to employers, or that is not spent on wages as
Employees returning from statutory maternity and paternity leave in the next few months will remain eligible for furlough through the Coronavirus Job Retention Scheme (CJRS). Since 10 June, it has no longer been possible to furlough an employee for the
Figures show that almost 2,000 allegations of furlough fraud have been made by whistleblowers against employers, with HM Revenue & Customs (HMRC) expected to impose steep penalties on businesses and directors found to have abused the scheme. Such claims come
HM Revenue & Customs (HMRC) guidance that sets out the exceptional circumstances allowing homeowners to claim higher rate Stamp Duty Land Tax (SDLT) refunds beyond the usual timeframes has been updated. The updated guidance means that homeowners in England and