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More than 285,000 businesses have already applied for the Coronavirus Job Retention Scheme since it went live on Monday 20 April.
To be sure payment comes through to employers before the end of the month, applications need to be made today (Wednesday 22 April)
We're living in very strange and surreal times. Times when we have to self-isolate, where we can no longer go into the office or meet our clients face-to-face. Times when we have to find other ways to communicate with each other and access our systems remotely.
Businesses are being forced to rethink how they work and how to adapt in a very short time frame.
So how can you keep your business running - as well providing your clients with the support they need to keep their businesses running too?
Upcoming legislation: Ultra Low Emission Vehicles
From 6 April 2020 the car and car fuel benefit calculation is changing with the introduction of 11 new bands for ultra low emission vehicles (ULEVs) including a separate zero emissions band. This is to support the Government’s commitment to improving air quality in towns and cities. If your client’s company car has a CO2 emission figure of 1-50g/km, they will need to provide the cars zero emission mileage. This is the distance that the car can travel in miles on a single electric charge.Read more
In our connected world, people now expect to work and interact remotely – even when it comes to sharing important documentation. For firms preparing sets of accounts and filing tax returns, the traditional method of sending and receiving hard copy documentation is becoming less attractive: the process takes longer, costs more and takes up valuable storage space. Clients are also simply too busy and are accustomed to viewing documents on-screen and printing only when necessary.Read more
Fine. or fine?
HMRC has issued fines for non-compliance to AML regulations. Don’t make the same mistake.
With HMRC issuing fines to certain accountants for failing to have proper anti-money laundering (AML) procedures in place AML is an issue that can’t be ignored.Read more