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Month: April 2020

IR35: House of Lords committee calls for reform of off-payroll working rules

30th April 202030th April 2020 McGills

A House of Lords committee report that is reviewing the planned changes to the IR35 off-payroll working rules has called for a reform of the rules, stating that there are ‘inherent flaws’ in the legislation. Read More

Businesses who defer VAT payments should continue to file returns as usual, says HMRC

28th April 202028th April 2020 McGills

Businesses who have deferred VAT payments until the end of June 2020 should continue to file Making Tax Digital (MTD) returns as normal, the regulator has confirmed. Read More

Retail, hospitality and leisure firms set for £10 billion business rates savings

24th April 202024th April 2020 McGills

Businesses in the retail, hospitality and leisure sector are expected to save around £10 billion this tax year through business rates relief, official figures have revealed. Read More

Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR

20th April 202020th April 2020 McGills

Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed. Read More

COVID-19 – HMRC relax inheritance tax process

17th April 202017th April 2020 McGills

HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic. Read More

Government extends Coronavirus Business Interruption Loan Scheme to all SMEs

6th April 20206th April 2020 McGills

More than £90 million in finance has been approved since the launch of the Coronavirus Business Interruption Loan Scheme (CBILS), it has been revealed. Read More

COVID-19: Government to cover employer NICs and pension contributions of furloughed workers

2nd April 20202nd April 2020 McGills

The Government has announced that it will cover employer National Insurance Contributions (NICs) and pension contributions of furloughed workers. Read More

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Recent Posts

  • IR35: Businesses are still not prepared for off-payroll working rules
  • UK economy shrinks less than first feared after second national lockdown, economists reveal
  • Self Assessment: thousands spread tax liabilities in response to coronavirus disruption
  • Self-Assessment: HMRC set to waive fines for late returns due to COVID-19
  • CJRS: Main changes to the extended scheme

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