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Further support for charities from VAT receipts

It has been revealed by HM Treasury that the VAT collected on donated personal protective equipment (PPE) will be given to charities supporting the NHS and care workers. This measure will apply to all...

27th May 2020

Apply for NIC Childcare Credits

National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to build up the amount of qualifying years of National Insurance...

27th May 2020

Reimbursing expenses for home office equipment

HMRC has updated its guide for employers who have employees working from home due to the COVID-19 outbreak. This could be a result of the workplace being closed or because employees are following...

27th May 2020

Employee car ownership schemes

An Employee Car Ownership Scheme (ECOS) is a set of arrangements whereby employees acquire cars from a specified, often single source and within a specified financing framework. The use of an ECOS can...

27th May 2020

New HM Treasury instructions re CJRS

The Chancellor, Rishi Sunak has made a further Treasury Direction under sections 71 and 76 of the Coronavirus Act 2020 concerning the Coronavirus Job Retention Scheme (CJRS). The CJRS currently helps...

27th May 2020

Rules on waiving income or donating to charities

HMRC has published a new press release that provides some advice for people choosing to give up their income to support their business or donate to charity during the Coronavirus (COVID-19)...

27th May 2020

New advisory fuel rates published

Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who reimburse employees for business travel in their company cars or...

27th May 2020

Tackling redundant stock

Many retailers and manufacturing businesses have stock on their shelves gathering dust. There are compelling reasons for tackling this issue as we cautiously emerge from lock-down. For example,...

26th May 2020