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    Gifts to employees can be tax-free

    Some employers may wish to give a small gift to their employees.

    As long as the employer meets the relevant conditions, no tax charge will arise on the employee.

    Get prepared for the end of the Brexit transitional period

    The UK will leave the EU VAT Territory on 31 December 2020.

    After this date, Great Britain (England, Wales and Scotland) will not be subject to EU VAT legislation.

    COVID-19 – The Extended Furlough Scheme

    The Job Support Scheme, which was intended to replace the JRS from 1 November 2020, has been postponed and will commence upon closure of the extended JRS.

    COVID-19 The Challenge Continues…

    In this month’s enews we consider announcements made as part of the government’s Winter Economy Plan.

    In other news we consider the new trade arrangements with the EU following the end of the Transition Period, which apply from 1 January 2021; the rise in house sales following the introduction of the Stamp Duty holiday; and the new domestic reverse charge for VAT, so there is lots to update you on.

    Tax & Accounting Enews – September 2020

    In this month’s Enews we consider changes to the plastic bag tax, pension scams and the latest advisory fuel rates.

    With the latest figures on the success of the Eat Out to Help Out scheme, self assessment deadlines, the latest guidance for employers, the launch of the Kickstart Scheme and the Self Employed Income Support Scheme Grants there is lots to consider.

    Tax & Accounting Enews – August 2020

    In this month’s Enews, we report on the Job Retention Bonus as HMRC publishes further details regarding requirements and what employers need to do now to claim the bonus.

    There have been plenty of other developments. We look at some of them here and analyse changes to tax policy and the wider economy. As the COVID-19 pandemic continues to dominate the news, there are lots of issues to update you on.

    Tax & Accounting Enews – July 2020

    In this month’s Enews, we report on Chancellor Rishi Sunak’s Summer Economic Update, which unveiled the government’s three-point plan to protect and create jobs as the economy begins to recover from the coronavirus lockdown.

    There have been plenty of other developments. We look at some of them here and analyse changes to tax policy and the wider economy. As the COVID-19 pandemic continues to dominate the news, there are lots of issues to update you on.

    Tax & Accounting Enews – June 2020

    In this month’s Enews, we report on the progress of the government’s schemes to help businesses during the COVID-19 pandemic.

    Chancellor Rishi Sunak announced important changes to the Coronavirus Job Retention Scheme, which will run until the end of October while HMRC has once again delayed the introduction of the VAT reverse charge.

    We look at the latest guidance and also analyse the impact of COVID-19 on tax policy and the wider economy.

    As the COVID-19 pandemic continues to dominate the economy, there are lots of issues to update you on.

    Tax & Accounting Enews – May 2020

    In this month’s Enews, we report on the progress of the government’s schemes to help businesses and the self-employed during the COVID-19 pandemic.

    Bounce Back loans for small businesses were the latest in a raft of measures announced by Chancellor Rishi Sunak, which are starting to make a practical difference to businesses.

    We look at the latest guidance and also analyse the impact of COVID-19 on tax policy and the wider economy.

    As the COVID-19 lockdown continues to dominate the economy, there are lots of issues to update you on.

    Tax & Accounting Enews – April 2020

    In this month’s Enews we report on legislation that has been introduced to alter reporting obligations for residential property gains chargeable on UK resident individuals, trustees and personal representatives.

    We also analyse the support package announced by Chancellor Rishi Sunak to help businesses and the self-employed during the COVID-19 pandemic; regulators’ request for a delay in corporate reporting; and the delay to the introduction of the off-payroll rules to the private sector.

    With the government announcing many measures to combat the COVID-19 outbreak, there are lots of issues to update you on.

    COVID-19: Lets help each other through the crisis

    In light of the current worldwide situation we wanted to reassure businesses that we are in this together.

    Tax & Accounting Enews – March 2020

    In this month’s Enews we report on a change to the sick pay rules as a result of the coronavirus and confirmation that the off-payroll working rules will be rolled out from 6 April 2020.

    We also consider the latest HMRC guidance on minimum wage increases, new company car advisory fuel rates, help for business flood victims and a consultation on freeports.

    With calls to raise taxes in the forthcoming Budget and a reminder to consider year end tax planning, there are lots of issues to update you on.

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