Read our latest Practice News as well as sector specific and accountancy updates from across the UK.
As mentioned in our previous communications, the HMRC online portal for the Coronavirus Job Retention Scheme (CJRS) opened early this morning. Our payroll team have been busy working to process the claims on behalf of those clients for whom we manage PAYE. For those clients and businesses who are managing their own claims, HMRC has published […]
As we come to the end of the working week, it has been confirmed that the ‘stay at home’ lockdown is to continue for another three weeks. We hope that the support and information we have provided so far during the COVID-19 restrictions has been helpful and informative. The structure we already have in place […]
Yesterday saw further, and significant, adjustments to the COVID-19 Job Retention Scheme guidance for both employers and employees. The main change to note being when an employer needs to have created and started a PAYE payroll scheme. In addition, there has been a change to the 30 day reporting requirement for Capital Gains Tax in […]
We are pleased that there has been some clarification in connection with the Self-Employed Income Support Scheme (SEISS). Although there are still some areas that remain vague, at least we now have explanations surrounding the calculation of ‘trading profits’ and ‘total income’ and also for agricultural clients as to whether ‘trading profits’ are pre or […]
We hope you had a good Easter and kept safe at home. As we have done at the start of previous weeks, we are summarising the measures the UK and Scottish governments have introduced so far, as a result of the COVID-19 outbreak. Our subsequent updates may be less frequent than daily, but we will […]