by MAS | Sep 30, 2021 | Accounts, Coronavirus, Covid-19, Financial news, HMRC, PAYE
The Coronavirus Statutory Sick Pay Rebate Scheme will repay employers the Statutory Sick Pay paid to current or former employees. HMRC have updated the guidance to confirm that employers can only claim for employees who were off work on or before 30 September 2021....
by MAS | Sep 16, 2021 | Covid-19, Financial news
The ‘Bounce Back Loan’ (BBL) was a measure introduced to assist businesses impacted by the Coronavirus pandemic. Financial support of up to £50,000 was available and whilst there were qualifying criteria, they were deemed to be somewhat loose. For many businesses...
by MAS | Sep 14, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC
The government have confirmed that temporary measures brought in to support businesses from insolvency during the pandemic will be phased out from 1 October 2021. It seems that the temporary restrictions on statutory demands and winding-up petitions will not be...
by MAS | Sep 9, 2021 | Accounts, Financial news, HMRC, NIC, Tax
The launch of a social care levy from 2022 will see all taxpayers facing a 1.25% tax charge under government plans, while dividend tax will also rise. From next April the government will create a UK-wide, 1.25% health and social care levy on earned income. The new tax...
by MAS | Sep 9, 2021 | Business advice, Financial news, HMRC, Pensions
The government has confirmed that the state pension will rise by 2.5% from April 2022, breaking the pension lock as a result of the impact of the pandemic In a busy day in parliament, the minister of state told MPs that this would be a one-year intervention and that...
