by MAS | Jul 24, 2021 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC
Coronavirus Job Retention Scheme (CJRS) The CJRS has been extended until 30 September 2021. From 1 July 2021, the government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough. Employers will top up employees’ wages to...
by MAS | Jul 23, 2021 | Brexit, Business advice, Financial news, HMRC, VAT
Delaying declarations for EU goods brought into Great Britain Businesses can delay sending HMRC full information about goods by up to 175 days before the deadline of 31 December 2021. After that full customs declarations must be made at the point of import for all...
by MAS | Jul 22, 2021 | Business advice, Financial news, PAYE
All workers are legally entitled to be paid the National Minimum Wage (NMW) including temporary seasonal staff. The current rates are: £8.91 – age 23 or over (National Living Wage) £8.36 – age 21 to 22 £6.56 – age 18 to 20 £4.62 – age under 18...
by MAS | Jul 7, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, Self Assessment, Self employed
The fifth Self-Employment Income Support Scheme (SEISS) grant is different from the previous SEISS grants. If HMRC think you are eligible they will contact you from mid-July to give you a personal claim date. Eligible customers can apply anytime from their personal...
