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How different circumstances affect th...

How different circumstances affect the Self-Employment Income Support Scheme

    If you’re self-employed or member of a partnership find out how your circumstances can affect your eligibility for the scheme.   The scheme has been extended. If you’re eligible and can confirm to HMRC that your business has been adversely affected on or after 14 July 2020, you’ll be able to make a […]

Clock is ticking to repay coronavirus...

Clock is ticking to repay coronavirus grant

  Self-employed individuals, and employers, have 90 days to inform HMRC that they have over-claimed the SEISS or CJRS grants and repay any excess before penalties apply.   Any incorrect CJRS grant claims in which the employer has overclaimed the amount due can be corrected in a later CJRS claim. If the employer has submitted their final […]

Government sets out draft agenda for ...

Government sets out draft agenda for a 21st century tax system

  The next steps in an ambitious plan to create a modernised digital tax system fit for the 21st century was unveiled by the government on Tuesday (Tue 21 July).   As part of the Treasury’s long-term tax digitisation plan – designed to boost national productivity, make it easier for businesses and people to pay […]

Wales Business News

Wales Business News

    JOB RETENTION BONUS   UK employers will receive a one-off bonus of £1,000 for each furloughed employee and still employed as of 31 January 2021.     KICKSTART SCHEME   Young People between the ages of 16 and 24, claiming Universal Credit and at risk of long-term unemployment will be eligible. Funding available […]

Redundancy

Redundancy

  For many employers Redundancy will be the last resort. Sadly as the furlough scheme is wound down towards the end of October it is estimated that 2 in 5 employees may find themselves in a redundancy situation. Redundancy is a special form of dismissal used mainly when an employer needs to downsize the workforce. […]

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