HMRC have started writing to employers to tell them about tax relief available to employees for working from home. Although they are writing to employers,
Additional grant money will be available to pay for the employees of businesses who are forced to close due to coronavirus lockdowns. The grant will
The Job Retention Bonus of £1,000 can be claimed by employers between 15 February 2021 and 31 March 2021. An employer can claim this one-off
HMRC have announced penalties for Coronavirus Job Retention Scheme (CJRS) grant errors. The penalty can be up to 100% on top of the grant overpayment. The
New Job Support Scheme will run for six months from November 2020 until April 2021. The Scheme will be open to all small and medium businesses
In order to decrease unemployment amongst young people in England, the Government has announced additional payments for employers hiring apprentices. Currently employers can receive a
The government will give Self-assessment taxpayers 12 more months to pay their taxes. The following rules apply: amounts due in January 2021 can be deferred
The Bounce Back Loan length has been extended from 6 to 10 years. This means that the monthly repayments can be reduced by nearly 50%.
Any businesses who has taken advantage of the VAT deferral earlier this year have been given the option to make smaller monthly payments instead of paying off in one
The VAT cut (from 20% to 5%) for the tourism and hospitality sectors has been extended from 12 January and will now end on 31 March 2021. The reduced rate of 5% applies
