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Venues required to record contact details

It has become a requirement for premises and venues across England to have a system in place to
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VAT on compensation payments

HMRC has published a new Revenue and Customs Brief on the VAT treatment of early termination fees
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Video-witnessed wills

The Ministry of Justice (MoJ) has confirmed that video witnessed wills in England and Wales will be
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Working from home tax claim

If you do not receive compensation from your employer you can still claim tax relief for some
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Companies with a 31 December year end

For companies with taxable profits of up to £1.5 million the payment of any Corporation Tax is due
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Furlough Scheme changes September 2020

As our readers will no doubt be aware, the Coronavirus Job Retention Scheme (CJRS) is closing on 31
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Green Homes Grants

A reminder that home owners and landlords can now access funding to help pay for the cost of energy
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Cars – it’s all online

If you have access to the internet there are a bewildering number of online resources that you can
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New grants for businesses affected by local lockdowns

New grant support was announced 9 September that offers businesses in areas subject to a local
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Fast-tracking passport applications

Due to coronavirus disruption, it is currently taking up to six weeks to renew or replace a
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Companies House has new bank account

Companies House has announced that they have new bank details effective from 1 September 2020. This
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Kickstart program opens in Wales

Under the new £2 billion Kickstart scheme, employers will be able to offer young people on
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English plastic bag charge to double

The single-use carrier bag charge came into effect in England on 5 October 2015. This introduced a
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Which video conferencing software?

The process of choosing a video conference solution for your practice can be a little hit and miss
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Witnessing wills remotely

A statutory instrument will be issued September 2020 that will legitimise the witnessing of wills
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Refunds – guidance or law?

The Competition and Markets Authority (CMA) recently published further detail on its views on the
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Changes to VAT partial exemption

HMRC has updated its guidance on the VAT partial exemption treatment relevant to businesses who
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Kickstart scheme officially launched

The new £2 billion Kickstart scheme that was announced as part of the Summer Economic update by the
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Tax and divorce

When a couple is in the process of becoming separated or divorced it is unlikely that they are
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Lost your tax reference number?

Your unique taxpayer reference (UTR) is the primary identifier for tax purposes. The number is also
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Government legal department numbers open to fraud

The Government Legal Departments (GLD) is warning that its general enquiry number (020 7210 8500)
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Vehicles parked on pavements

An ongoing issue for motorists is the need to have two tyres on the pavement to avoid unduly
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Travel to EU after 1 January 2021

A reminder, if one was needed, is that we seem to be heading for a no-deal Brexit from 1 January
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Tax Diary September/October 2020

1 September 2020 - Due date for Corporation Tax due for the year ended 30 November 2019. 19
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Redundancy factsheets for employers and employees

The government has published two factsheets on redundancy, one for employers and one for employees.
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Access to Work scheme extended to working from home

The government has announced that disabled workers who are working from home during the coronavirus
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Did you benefit from the Eat Out campaign?

The Eat Out to Help Out scheme to encourage the struggling restaurant sector was announced as part
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Teenagers to get access to Child Trust Funds

Children born after 31 August 2002 and before 3 January 2011 were entitled to a Child Trust Fund
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Problems booking a driving test?

The driving test online booking service reopened on Friday 21 August and then crashed due to the
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COVID measures – tougher fines announced

The Home Office has announced tougher measures targeting the most serious breaches of social
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Making staff redundanct – form HR1

The government has published an updated version of form HR1. Where an employer is proposing to make
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New SSP regulations confirm increased minimum self-isolation period

Public Health England (PHE) has updated its guidance to increase the minimum self-isolation period
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Green Homes Grant Scheme

One of the measures announced by the Chancellor, Rishi Sunak in his Summer Economic update on 8
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Using your own vehicle for work?

If you are an employee and use your own money to buy things you need for your job, then you can
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Banks stand up to be counted

The fifth publication has been released ranking the service quality league table of personal and
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Greening of Scotch Whisky

Needless to say, the greening does not refer to the colour of whisky. The Green agenda has
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Want to start your own business?

One of the consequences of recession, such as the present downturn in activity caused by the
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Lockdown – be ready for the unexpected

One of the more insidious effects of the coronavirus outbreak is its unpredictability. Businesses
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Tax consequences if income exceeds £100,000

If your income is expected to exceed £100,000 for the first time, we would like to remind you of
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Why use the VAT Cash Accounting Scheme

Under standard VAT accounting, you pay VAT on your sales regardless of whether your customer has
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Tax and company cars

Most employers and employees are aware of the additional costs of providing company cars and the
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Job Retention Bonus policy paper published

The government has published further guidance on how the forthcoming Job Retention Bonus Scheme
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Breaking even

There are businesses that have benefitted from the current COVID disruption. Particularly, those
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Beyond furlough

Unless the Chancellor comes up with replacement funding for the furlough scheme, and there is no
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New redundancy protections for furloughed employees

The government has unveiled an important new law that will protect furloughed workers who are made
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Changes to tax treatment of termination payments

The government has published draft clauses for insertion into a new Finance Bill 2020-21, to be
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£50 bike repair voucher scheme launched

The government has launched a new scheme - open to anyone in England - with a bike in need of
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How elastic is demand for your products?

Many will remember the empty shelves in supermarkets when lock-down commenced March 2020. In
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Beware £5,000 company fine

As well as filing accounts with Companies House, there is an important requirement to check that
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Business rates review

The government has confirmed that the next business rates revaluation in England will be postponed
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Why do customers buy from you?

This may seem to be an odd question. They buy because you offer what they want at the right
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Making Tax Digital next steps

HM Treasury has confirmed the extension of Making Tax Digital (MTD) to cover businesses with a
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Eat Out to Help Out scheme

The Eat Out to Help Out scheme to help encourage the struggling restaurant sector was announced as
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Theatres can reopen from 1 August 2020

The Prime Minister, Boris Johnson, has announced the gradual reopening of indoor theatres and other
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Final reminder to renew tax credit awards

Friday 31 July 2020 is the deadline day for families and individuals that receive tax credits to
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HMRC reminder that you can defer tax

HMRC has issued a press release to remind Self-Assessment taxpayers of the opportunity to defer
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Office of Tax Simplification

Practitioners may have noticed that the OTS has recently published an update on its thoughts for
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No news is bad news

There is a well-worn cliché that says that no news is good news i.e. that bad news actually
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Tax and accounts

If you are self-employed, as a sole trader or in partnership, the profits from your business are
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Trading online

High Street retailers will have watched with dismay as competitors take their market share –
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Companies House restarts voluntary strike-off process

Companies House has announced the restart of the process for companies that have applied for
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Sending forms to Companies House – coronavirus update

Companies House has developed and launched a new temporary online service to upload and send
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Holiday package refunds

The Competition and Markets Authority (CMA) launched a COVID-19 taskforce in March 2020 to identify
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Job Retention Bonus

One of the measures announced by the Chancellor, Rishi Sunak in his recent Summer Statement was the
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Sports facilities to open this month

In a surprising move, the government has given permission for sports facilities in England to begin
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Winter lock-down?

We have made passing references to business planning in recent articles published to this newsfeed;
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What if?

Any planned change will be targeted at a specific issue – say, reduce sales prices to win
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Summer Statement

The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community
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UK VAT claims by non EU businesses

There are special rules for businesses established outside the EU submitting a claim for VAT
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Reminder of businesses not opening 4 July 2020

There are business sectors that have not yet been given permission to reopen in England. There has
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Reminder of businesses opening since 4 July 2020

A reminder that since 4 July 2020, many business sectors have been given permission to reopen in
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Tax Credits updates required this month

Families and individuals that receive tax credits should ensure that they review their tax credit
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Redundancy process map

Acas has published a process map for employers who are having to consider making redundancies due
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What is working capital?

Accountants would say that working capital is the difference between current assets and current
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The new reality

It may be some time before we could state with some certainty that it was back to business as
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Vehicle MOT dates

The government has announced that mandatory MOT tests for car, motorcycle and van owners in
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Reporting Capital Gains on residential property

The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell a residential
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Financial help for debt advisers

The government has announced that an extra £37.8 million will be made available to support
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Government support for pubs, cafes and restaurants

The government has confirmed a further easing of lockdown as pubs, cafes, restaurants, hotels,
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Updated HM Treasury instructions re: CJRS

On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under
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Identifying clients in need of help

Most of us fire-fight on a daily basis. We face distractions from multiple directions and basically
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Depreciation

Literally, the word depreciation means a reduction in the value of an asset over time. It
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What are debits and credits?

You may have come across the terms debit and credit and perhaps wondered exactly what do they
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Shielding measures to be relaxed in England from 1 August 2020

From 1 August 2020 onwards, it is intended that the shielding programme will be
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Tax Diary July/August 2020

1 July 2020 - Due date for Corporation Tax due for the year ended 30 September 2019. 6 July 2020 -
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Why footfall is important

All businesses have customers, According to HMRC, even they have customers… Sales are the
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Option to defer VAT payments ends 30 June 2020

The option to defer your VAT payments ends on 30 June 2020. The Coronavirus VAT payment holiday
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Drawings, profits and tax

If you are self-employed – this article does not apply to the directors and shareholders of
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SEISS extended to new parents

The government has announced that the scope of the Self-employment Income Support Scheme (SEISS)
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Self-employed – setting off losses

There are a number of tax reliefs available for self-employed taxpayers that make a loss carrying
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Corporation Tax – carrying back losses

Corporation Tax relief may be available where a company or organisation makes a trading loss. The
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No extension to Brexit Withdrawal Agreement

The UK has confirmed that it will neither accept nor seek any extension to the Brexit transition
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Parents returning to work after maternity/paternity leave

The Coronavirus Job Retention Scheme (CJRS) also known as the furlough scheme has been extended
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Sick-pay if self-isolating

If you are an employee, you must tell your employer as soon as possible if you are showing signs of
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Employee car ownership schemes

An Employee Car Ownership Scheme (ECOS) is a set of arrangements whereby employees acquire cars
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Reimbursing expenses for home office equipment

HMRC has updated its guide for employers who have employees working from home due to the COVID-19
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Apply for NIC Childcare Credits

National Insurance credits can help qualifying applicants to fill gaps in their National Insurance
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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
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Additional funding for charities and social enterprise

The government's dormant assets scheme allows money in accounts that have been dormant for at
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