According to Jim Harra, chief executive of HMRC, the CJRS has been a magnet for fraudsters. And HMRC are now starting to crack down. Make sure you have not inadvertently fallen foul of the rules. We have taken this from a recent article by AccountingWeb. How widespread is abuse? A survey commissioned by Crossland Solicitors of 2000…

Remember that if you are intending to put employees on flexible furlough from 1st July, it is a change to their terms of engagement so you need to have something in writing. Below is a link to a template you may wish to use for flexibly furloughed employees. Many thanks to Kirsty McGregor for giving…

13th July is the last date by which you can apply for the first SEISS grant – so do act now if you believe you are eligible for this or have received an email invitation from HMRC to apply for this government support 14th July is the key date for the second SEISS scheme. When…

You can no longer delay VAT payments because of coronavirus (COVID-19) VAT bills that have a payment date on or after 1 July 2020 must be paid on time.If you cancelled your Direct Debit, set it up again so you don’t miss a payment. Contact HMRC as soon as possible if you are unable to…

There are so many changes coming thick and fast during this COVID-19 pandemic. One of the important issues for employers is that they have done the relevant paperwork to back up their claims. If you furlough an employee, this is a change to their employment and therefore you must have something in writing to confirm…

Yesterday we published a post about the next steps for the furlough scheme. We just wanted to draw your attention to a few points: The Government had warned employers that financial support would start to taper off, but it was a bit surprising that flexible furloughing is to be introduced one month earlier than expected,…

The Chancellor, Rishi Sunak, has announced further details on the extension to the Coronavirus Job Retention Scheme (CJRS) including improved flexibility to bring furloughed employees back part time in July, and a new taper requiring employers to contribute modestly to furloughed salaries from August From 1 July 2020, businesses will be given the flexibility to…

• The Chancellor, Rishi Sunak, has extended the SEISS. The scheme was initially open until 30th June. Individuals can continue to apply for the first SEISS grant until 13 July. Under the first grant, eligible individuals can claim a taxable grant worth 80% of their average monthly trading profits, paid out in a single instalment…