The UK left the EU on Friday 31 January 2020. There is now a transition period until the end of 2020 while the UK and the EU negotiate additional arrangements.
Our guide below will help SMEs prepare for Brexit and includes:
A . . .
As 2020 nears an end, it looks like the annual Christmas party will be replaced by a couple of bottles of prosecco and a zoom chat in our best pyjamas.
But where does that leave you for treating your staff after . . .
As Wales prepares for a 17-day National Lockdown at 6pm on Friday, we summarise the Government support in place to help employees, support employers and protect jobs.
WALES LOCKDOWN IMPACT ON JOB RETENTION AND JOB SUPPORT SCHEMES
UPDATE : MONDAY 2 NOVEMBER . . .
The Chancellor has recently announced the changes that will see the Job Retention Scheme (JRS) move into phase two, giving employers some further flexibility when bringing employees back to work.
Job Retention Scheme - Phase two
From 1 July 2020, employers will . . .
HMRC have now released their mandatory online portal for reporting and paying Capital Gains Tax after selling a UK property.
While HMRC have initially indicated they won't issue penalties where these returns are received late - up to 31 July 2020, . . .
Before the Self-employment Income Support Scheme (SEISS) portal opens for applications we set out below some updates and reminders about the SEISS scheme.
HMRC's eligibility checker went live on 4 May and is available to taxpayers and to agents. We understand . . .
As we enter into a new stage of the coronavirus world we have produced, with The UK200 Group, a helpful checklist to assist you prepare your business for the post lockdown era.
Follow our link below to read
Planning for the Future . . .
Find out what equipment, services or supplies are taxable if your employees are working from home due to coronavirus by following the link below.
Government Guuidance - Check which expenses are taxable if your employee works from home due to coronavirus . . .
The new coronavirus sick pay and staff holiday carryover rules have been announced.
Anyone whose first day of sick leave due to COVID-19 was 13 March 2020 or later gets Statutory Sick Pay (SSP) from day one of the absence. However, . . .
Development Bank of Wales
The Welsh Government and the Development Bank of Wales have announced the £100m Covid-19 Wales Business Loan Scheme to support businesses affected by the Covid-19 outbreak. The Scheme will be available from the Development Bank of Wales . . .
We are writing to offer advice to one or two person companies where the director or directors are also running the operations of their company, and have been reporting a one off salary payment through the payroll on an annual . . .
The scheme will provide support to qualifying self employed individuals to claim a taxable grant of 80% of calculated taxable profits up to a maximum of £2,500 per month for three months. It may be extended beyond three months.
Who Is . . .
On Friday 20 March 2020, the Chancellor announced a new "Coronavirus Job Retention Scheme" to help pay people's wages. Employers will be able to contact HMRC for a grant to cover most of the wages of their workforce who remain . . .
The helpline allows any business or self-employed individual who is concerned about paying their tax due to coronavirus to get practical help and advice. Up to 2,000 experienced call handlers are available to support businesses and individuals when needed.
If you . . .
Registered to carry on work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales. Details about our audit registration can be viewed at www.auditregister.org.uk under reference C001485994. Details about the firm's probate registration can be viewed at www.icaew.com/probate under reference C001495994.