The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.
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HMRC
Self-Employment Income Support Scheme open for business
The Self-Employment Income Support Scheme (SEISS) is now open for business, weeks ahead of schedule.
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COVID-19: The impact on company car benefit in kind
Due to the coronavirus pandemic, many people in the UK are now working from home or have been placed on furlough leave, meaning that they are not using their employer-provided company car. But what is the impact on the benefit in kind (BIK)?
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IR35: House of Lords committee calls for reform of off-payroll working rules
A House of Lords committee report that is reviewing the planned changes to the IR35 off-payroll working rules has called for a reform of the rules, stating that there are ‘inherent flaws’ in the legislation.
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Businesses who defer VAT payments should continue to file returns as usual, says HMRC
Businesses who have deferred VAT payments until the end of June 2020 should continue to file Making Tax Digital (MTD) returns as normal, the regulator has confirmed.
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COVID-19 – HMRC relax inheritance tax process
HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic.
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Government extends Coronavirus Business Interruption Loan Scheme to all SMEs
More than £90 million in finance has been approved since the launch of the Coronavirus Business Interruption Loan Scheme (CBILS), it has been revealed.
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HMRC: Self Assessment payment on account deferral scheme open to ALL taxpayers
The Self Assessment payment on account deferral scheme will apply to all taxpayers, not just the self-employed, it has been revealed.
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Deferring VAT – HMRC confirms businesses should cancel VAT direct debits
Following the Government’s announcement that businesses will be able to defer VAT payments for the period from April – June, HM Revenue & Customs (HMRC) has now confirmed that businesses should cancel direct debits for VAT if they want to utilise the deferment offer.
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Coronavirus: Government announces IR35 delay
The Government has announced that the IR35 tax reforms which were due to be implemented in April 2020 have been delayed for a year due to the ongoing coronavirus outbreak.
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