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JSS – financial impact test for large employers

The Job Support Scheme (JSS) Open is available from 1 November 2020 for businesses that remain open
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Carry back charitable donations

If you pay Income Tax at the basic rate no additional relief is due on your charitable donations.
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Venues required to enforce rule of six

Since 18 September 2020, many designated venues in England have been required to enforce the rule
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Job Support Scheme for closed businesses

The CJRS or furlough scheme ended on 31 October 2020 and has been replaced by the Job Support
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Temporary extension to the Help to Buy scheme

The Help to Buy equity loans scheme is open to both first-time buyers and home movers on new-build
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Clock ticking on the Annual Investment Allowance

The Annual Investment Allowance (AIA) allows for a 100% tax deduction on qualifying expenditure on
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Brexit countdown exporters

The Brexit transition period is due to end on 31 December 2020 and this means that the process for
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Brexit countdown importers

As we have reported previously, the UK government has confirmed that it will neither accept nor
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Closing a limited company

There are a number of reasons why you may decide to close your limited company. This could be
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New cashback scheme proposed

The government has announced plans to allow customers to get cashback from shops without needing to
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Gaming behind the wheel?

Unbelievably, it has been illegal to make phone calls or text while driving a car, but not illegal
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Students warned of tax scams

HMRC is warning new students starting university that they could be targeted by scammers trying to
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New Freeports to cope with Brexit

The government is moving ahead with plans to build free trade zones - known as Freeports - across
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The don’ts of the new 3-tier system

The new 3-tier system for classifying local COVID alert status sets out what you should not do
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Levelling up or levelling down?

Our government has introduced a three-tier system for determining the local state of COVID
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Job Support Scheme Expansion

On Friday 9 October, the Chancellor, Rishi Sunak announced an extension to the Job Support Scheme
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Claiming the Job Retention Bonus

New guidance has been published on claiming the Job Retention Bonus. The Job Retention Bonus
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Paying or refunding transport costs

To ease the financial burden on their employees, some employers may look at paying or refunding
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COVID related benefits for employees

The Income Tax treatment of coronavirus tests and the provision of Personal Protective Equipment
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Grants overclaimed?

Any business that has overclaimed a Coronavirus Job Retention Scheme (CJRS) grant must pay back the
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31 October paper Self-Assessment filing deadline

The 2019-20 tax return deadline for submitting your paper Self-Assessment returns is 31 October
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Extended deadline for VAT payments

The coronavirus VAT payment holiday gave businesses the chance to defer the payment of any VAT
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PAYE settlement agreement payment reminder

A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax
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Employer eligibility for Job Support Scheme

Employers across the country have generally welcomed the announcement of the new Job Support Scheme
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Employee eligibility for Job Support Scheme

The new Job Support Scheme will be introduced on 1 November 2020 as part of the government drive to
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100 towns to share £80m

The Communities Secretary, Robert Jenrick, has announced that over 100 towns in England will each
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New coronavirus-related measures impacting on the employment relationship

The government’s latest advice, as confirmed in the COVID-19 Secure guidelines for different types
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Which way to go?

If your business has managed to negotiate the pandemic thus far without shedding staff you have
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Acas, CBI and TUC on handling redundancies

Acas, the CBI and the TUC have issued a joint statement to employers on best practice for handling
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Excuse v apology

We have all been in situations where we have received bad service. For example, you place an
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The new Winter Economy Plan – Summary of Measures

The Chancellor, Rishi Sunak, has today delivered a statement to the House of Commons outlining
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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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