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A round up of topical news articles.
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On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS) has been extended until the end of March 2021.
The government has increased the support available to self-employed workers and extended its emergency business loan schemes.
Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to the lockdown.
Self assessment taxpayers are now able to benefit from enhanced payment plans and can apply online for additional support to help spread their tax bill into monthly payments.
HMRC has received more than 54,800 claims from taxpayers using a new online portal which allows workers to claim tax relief for working at home.
From 1 January 2021, the UK will operate a full external border with the EU, which will entail major changes for imports and exports to and from the trading bloc.
The Association of Taxation Technicians (ATT) has issued a last call for businesses looking to make use of the increased Annual Investment Allowance (AIA).
HMRC has published the latest issue of the Employer Bulletin.
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These are unprecedented times with the “goalposts” changing every day. We are trying to continue to provide our clients with a first-class service but with many of our team working from home, this coupled with the need to stop non-essential contact means certain changes are inevitable.
We are aiming to conduct client meetings by video calls or phone calls where possible. We request people don’t come into the office unless necessary or you have a pre-arranged meeting (dropping off and collecting records etc is still ok). Whilst we are aiming to ensure the office remains open, please contact us (phone/email) before arriving.
We sincerely hope that none of the above creates a problem for you.