TaxCalc Blog
News and events from TaxCalc
Corona Support
Covid support for you and your clients
To support you in helping your clients, here are the latest updates from HMRC on the Self-Employment Income Support Scheme (SEISS).
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Prime Minister’s Statement 31 October 2020 – The latest COVID-19 information!
The latest government announcement regarding a new national lockdown from Thursday 5 November until at least 2 December mean more changes to the available support schemes.
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Latest COVID-19 Measures – Job Support Scheme Extension and more!
The Chancellor Rishi Sunak announced the Winter Economy Plan on the 24th September. However, giving the ever-changing circumstances facing the country, the support offered to businesses is already being expanded.
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About the COVID-19 VAT deferral ‘New Payment Scheme’
On 24 September 2020, the Chancellor Rishi Sunak announced the ‘Winter Economy Plan’ – a series of measures to continue assisting businesses and employees amid the current pressures caused by COVID-19.
Among those measures was an update to the VAT Payments Deferral Scheme. This allowed businesses to defer payment of any VAT liabilities that fell due between 20 March 2020 to the 30 June 2020 until 31 March 2021. The scheme ended on 30 June 2020.
The Winter Economy Plan. Explained. What does it mean to you and your clients?
Chancellor Rishi Sunak has outlined a series of measures to support jobs and the economy over the next six months. Here we provide an overview of the five new initiatives with a brief explanation. Please pass it on to your clients as you see fit.
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How TaxCalc is giving back during the coronavirus pandemic
Under the banner of ‘From TaxCalc with Love’, we're spearheading a campaign to not only support the company’s employees, but also the country’s healthcare workers who have come under greater pressure than ever. A combination of measures to assist team members and customers, a revamp of daily operations and a flood of donations to NHS staff have formed part of an effort to give back during the COVID-19 pandemic.
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Holding COVID-19 to Account with Folding@Home and TaxCalc
At TaxCalc we've been working hard to play our part during the COVID-19 pandemic. Different members of the TaxCalc family have been doing projects to try and help the situation for others, such as 3D printing visors or sewing scrubs for the NHS. These projects, however, require machinery or at least some level of skill that not everyone has. Several people, however, have home computers that are sat doing nothing during the workday.
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Taxes - Time to Pay
There are a range of business support measures available for businesses and individuals, which include deferring payment of certain taxes.
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