by MAS | Jun 13, 2020 | Business advice, Coronavirus, Covid-19, PAYE
The Coronavirus Job Retention Scheme (CJRS) has been extended until October, with new flexibilities introduced from 1 July allowing furloughed employees to return to work part-time. Now, parents on statutory maternity and paternity leave who return to work in the...
by MAS | Jun 9, 2020 | CIS, Construction services, Coronavirus, Covid-19, Financial news, HMRC
The government has announced a further five-month delay to the introduction of the domestic reverse VAT charge for construction services due to the impact of coronavirus. The reverse charge was originally due to come into force on 1 October 2019, but was then pushed...
by MAS | Jun 9, 2020 | Coronavirus, Covid-19, Financial news, HMRC, PAYE
Employers planning to use the Coronavirus Job Retention Scheme (CJRS) from 1 July 2020 must have their staff furloughed by Wednesday 10 June to be eligible for ‘mark 2’ of the scheme. Only employees who have been furloughed for a minimum of three weeks on or before 30...
by MAS | Jun 8, 2020 | Coronavirus, Covid-19, Financial news, HMRC
In response to the petition to provide more help and support to limited companies, the government has stated the following: The Coronavirus Job Retention Scheme (CJRS) is available to owner-managers operating under a limited company, who pay themselves a salary...
by MAS | Jun 2, 2020 | HMRC, NIC, PAYE, Tax
Date What’s Due 01/06 Corporation tax for year to 31/8/19 (unless pay quarterly) 19/06 PAYE & NIC deductions, and CIS return and tax, for month to 5/6/20 (due 22/06 if you pay electronically) 01/07 Corporation tax for year to 30/9/19 (unless pay quarterly) 05/07...