TaxCalc Blog

Coronavirus Job Retention Scheme - deadline today for payment before end of the month

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)

Business as usual, in unusual times.

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?

Keeping well in uncertain times

Over the next few months, as your work and home life start to blur, lots of challenges will present themselves which will have an effect on you both, mentally and physically, whether you’re aware of them or not.

Here’s some practical steps you can take to help you stay calm, relaxed and focused.

An update from our CEO – Where we are today

I’m delighted, and very proud to say that Team TaxCalc has delivered the latest release remotely to keep you compliant with the latest legislative changes for the 2019/20 tax year. Our new release will be rolled out during Monday next week. Please keep your eyes peeled for the email that invites you to download and update.

Self-Employed Income Support Scheme: “one of the most significant economic interventions”

Last night the Government announced a scheme that assists the self-employed across the country during the COVID-19 pandemic. The Self-Employed Income Support Scheme will provide self-employed individuals a taxable grant worth 80% of trading profits, up to £2,500 a month for the next three months. It will also apply to members of partnerships.

How to make the home office work for you

The COVID-19 outbreak is forcing many to convert their home into a professional workspace. Take these steps to ensure it is an opportunity, not a burden.

An update from our CEO – Friday 20 March

First and foremost, I hope this post finds you and your respective colleagues and families well.

I’m pleased to inform you that Team TaxCalc is still very much fighting fit as I write.

An update from our CEO – Support Hours and TaxCalc 2020 Release

Our continued updates on what’s happening at TaxCalc:

• We are in the final stages of testing for the 2020 release with a view to the release landing by the end of this month.
• Our Customer Support Team is now set up and working from home, dealing with calls as if they are in the office.

At the time of writing, we are all OK. We have had a few of the team self-isolating but now that we are working from home, we have reduced the risk of infection considerably. Long may this continue. Plans are in place to ensure minimal disruption to you and your firm regardless of staffing levels.