Month: January 2021

Self Employed Income Support Grant news…

Call me old fashioned, but I preferred the days when we learnt about new legislation by listening to Rishi Sunak, or the PM. Instead this week we needed to follow Martin Lewis (of MoneySavingExpert.com) on Twitter to get the latest news on the fourth grant of the Self Employed Income Support Scheme… It was promised […]

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No jab, no job?

Controversial founder of Pimlico Plumbers, Charlie Mullins, coined the ‘No jab, no job’ phrase this week, insisting that all of his employees must get a Coronavirus vaccine. He’s not the first business owner to take that stance, but it’s one that could become a hot topic in the coming months. As an employer, it’s going […]

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COVID Changes at Companies House

In an attempt to protect staff and to maintain their services, Companies House have made quite a few changes to their operations. Working under COVID safe guidelines and with reduced numbers able to work in the offices, there have been some significant delays in their processing of correspondence, documents and forms. It’s hoped that the […]

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HMRC waives Tax Return penalties until 28th February

Just after Christmas, HMRC announced that, despite calls from Accounting firms and industry bodies there would be no change to the filing deadline for Self Assessment Tax Returns. Today they confirmed that there would be no penalties imposed if a Self Assessment Tax return is filed by the 28th February, effectively extending the absolute deadline […]

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Test case win paves way for COVID insurance payouts

The Financial Conduct Authority (FCA) has won a test case that could cost insurers over £1billion in COVID-related claims that had previously refused for payment. Tens of thousands of small businesses stand to benefit from the result of the test case, brought by the FCA to bring clarity to complex legal issues. The Supreme Court […]

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Furlough Scheme Late Claims

Under the Furlough Scheme, claims can be made to HMRC up to 14 days before the payroll is run. You can also claim up to 14 calendar days after the month you’re claiming for. There is however some leeway if your claim isn’t made by this deadline. For claims after 1st November 2020, HMRC may […]

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