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Gaming behind the wheel?

19 Oct 2020

Unbelievably, it has been illegal to make phone calls or text while driving a car, but not illegal to play games or take photos. Clearly, this loophole is begging to be closed and new legislation proposed, 17 October 2020, will aim to do just that.

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Last orders please…

18 Oct 2020

From 1 January 2021, UK businesses that export, import or transport goods to and from the EU will need to comply with a number of new regulations. Inevitably, some will fall short and these will create delays, in your goods reaching EU customers,

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New Freeports to cope with Brexit

14 Oct 2020

The government is moving ahead with plans to build free trade zones - known as Freeports - across Britain after Brexit. Freeports are a special kind of port where normal tax and customs rules do not apply. In their place, simplified customs

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Students warned of tax scams

14 Oct 2020

HMRC is warning new students starting university that they could be targeted by scammers trying to steal their money and personal details. As new students start the academic year they can be particularly vulnerable to tax scams. Coupled with an

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Applying for Green Homes Grants

14 Oct 2020

Home owners and landlords in England can apply for a grant to make their home more energy efficient. The Green Homes Grant will cover at least two-thirds of the cost up to £5,000 per household. For low income households these grants will cover all

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New three-tier COVID-19 alert levels

14 Oct 2020

On 12 October, the Prime Minister announced the introduction of a new three-tier system of local COVID-19 alert levels across England. The new system sets the levels at medium, high and very high based on local transmission rates. The legislation to

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Are your construction clients ready for reverse charge changes?

14 Oct 2020

New VAT rules for building contractors and sub-contractors come into effect from 1 March 2021. The new rules will make the supply of construction services between construction or building businesses subject to the domestic reverse charge. The reverse

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Companies House warn of delays in postal submissions

14 Oct 2020

Company filing deadlines were extended for companies with filing deadlines between 27 June 2020 and 5 April 2021. Companies House is warning of delays in postal submissions and have said it is taking much longer than usual to process paper

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Donating land, property or shares to a charity

14 Oct 2020

There are special rules in place for taxpayers who gift land, property or certain shares to charity. This can include Income Tax and Capital Gains Tax (CGT) relief provided all the necessary conditions are met. There is no Income Tax relief on

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Time To Pay limits increased

14 Oct 2020

One of the measures announced by HMRC at the start of the coronavirus pandemic was the introduction of emergency measures to help tax payers affected by COVID-19 to use the Time To Pay service. Businesses and self-employed people in financial

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Levelling up or levelling down?

12 Oct 2020

Our government has introduced a three-tier system for determining the local state of COVID infection and how restrictions in each area of England are to be applied. The grades are instructive. The three categories are: Medium alert level - This

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The don’ts of the new 3-tier system

12 Oct 2020

The new 3-tier system for classifying local COVID alert status sets out what you should not do depending on the classification of your local area. At present they only apply to England. In summary they are: Local COVID Alert Level - Very High This

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Job Support Scheme Expansion

10 Oct 2020

On Friday 9 October, the Chancellor, Rishi Sunak announced an extension to the Job Support Scheme (JSS). The expanded scheme will include additional support for employees of businesses that are forced to close because of local or national lockdown

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Paying or refunding transport costs

7 Oct 2020

To ease the financial burden on their employees, some employers may look at paying or refunding transport costs for their employees when they return to work. There are tax implications that should be examined. As a general rule, where an employer

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31 October paper Self-Assessment filing deadline

7 Oct 2020

The 2019-20 tax return deadline for submitting your paper Self-Assessment returns is 31 October 2020. Due to the impact of coronavirus, taxpayers were able to delay making their second payment on account for the 2019-20 tax year (due on 31 July 2020)

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Grants overclaimed?

7 Oct 2020

Any business that has overclaimed a Coronavirus Job Retention Scheme (CJRS) grant must pay back the overpayment to HMRC. The rules outlined below for paying HMRC back an overclaim also apply to businesses that would like to make a voluntary repayment

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COVID related benefits for employees

7 Oct 2020

The Income Tax treatment of coronavirus tests and the provision of Personal Protective Equipment (PPE) to employees during the coronavirus pandemic is covered under specific HMRC guidance. The guidance explains how employers should proceed where

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Claiming the Job Retention Bonus

7 Oct 2020

New guidance has been published on claiming the Job Retention Bonus. The Job Retention Bonus provides for a £1,000 bonus payment to employers that bring back an employee that was furloughed under the Coronavirus Job Retention Scheme, and continuously

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COVID review of salary sacrifice arrangements

7 Oct 2020

The tax and NIC advantages of certain benefits provided as part of a salary sacrifice arrangement were removed from 6 April 2017. The change effectively removed the Income Tax and employer NIC advantages of certain benefits provided as part of salary

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Kickstart scheme who can apply

7 Oct 2020

The new £2 billion Kickstart scheme will enable employers to offer young people on Universal Credit - and at risk of long-term unemployment - state-subsidised work placements for six months. The Kickstart scheme is available to qualifying 16 - 24

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SEISS – claims deadline 19 October 2020

7 Oct 2020

The deadline for making a claim under the second round of the Self-Employment Income Support Scheme (SEISS) is 19 October 2020. The second grant covers the quarter to 31 August 2020. This grant will provide up to £6,570 for the quarter (£2,190 per

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New Patent Box statistics published

7 Oct 2020

HMRC has published official statistics on the number of companies claiming tax relief under the UK Patent Box. The Patent Box allows qualifying companies to apply a lower 10% Corporation Tax rate on profits arising from patent exploitation. The

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Do you send goods to Northern Ireland?

5 Oct 2020

As the EU withdrawal transition period draws to an end (completes 31 December 2020) UK businesses face yet more adjustments in addition to those presented by COVID disruption. Businesses that trade with the EU should by now have matters in hand to

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UK beef exporters given USA boost

5 Oct 2020

The first shipments of UK beef departed for the USA on the 30th September 2020, marking an historic moment for UK farmers and food producers. Following the USA’s longstanding ban on EU beef - introduced in the wake of the BSE outbreak in 1996 -

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100 towns to share £80m

30 Sep 2020

The Communities Secretary, Robert Jenrick, has announced that over 100 towns in England will each be given up to £1 million to kick start regeneration projects and give areas a boost. The funding to be received varies between £500k and £1m per town.

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