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05 Nov 2020
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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With restrictions being lifted our offices are now open with someone in each day.
Fortunately, our staff are all in good health currently and no one has symptoms of the virus but we are taking these steps to try and minimise the risk to not only our team and their families, but our clients and local communities as well.
In addition to asking all staff to work from home, we still won’t be holding any face to face meetings however we will continue to hold meetings via telephone and video.
All of our internal systems are cloud based which means that the team will be working normally and will be available to assist you by telephone and email.
This is a rapidly changing situation and so we are monitoring this on an ongoing basis and following the advice issued by the Government.
Please do not hesitate to get in touch if we can be of any assistance.