HM Treasury has confirmed the extension of Making Tax Digital (MTD) to cover businesses with a turnover below the VAT threshold.
One of the measures announced by the Chancellor, Rishi Sunak in his recent Summer Statement was the introduction of the Job Retention Bonus.
If you have businesses (including your own) that are un-Furloughing employees and they are returning to work the following resources may be useful.
Self-employed workers across the UK will be able to access a second Grant from the government to cover lost income while the country is in lockdown.
HMRC has updated its guide for employers who have employees working from home due to the COVID-19 outbreak. The updated guidance reflects temporary changes.
The Job Retention Scheme for employees is to be extended. The furlough scheme will also become flexible so you will be able to bring back staff part-time.
Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year when paying on or before 31 January 2021.
The introduction of Making Tax Digital (MTD) will fundamentally change the way businesses, the self-employed and landlords interact with HMRC.