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05 Nov 2020
On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS) has been extended until the end of March 2021.
The government has increased the support available to self-employed workers and extended its emergency business loan schemes.
Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to the lockdown.
Self assessment taxpayers are now able to benefit from enhanced payment plans and can apply online for additional support to help spread their tax bill into monthly payments.
HMRC has received more than 54,800 claims from taxpayers using a new online portal which allows workers to claim tax relief for working at home.
From 1 January 2021, the UK will operate a full external border with the EU, which will entail major changes for imports and exports to and from the trading bloc.
The Association of Taxation Technicians (ATT) has issued a last call for businesses looking to make use of the increased Annual Investment Allowance (AIA).
HMRC has published the latest issue of the Employer Bulletin.
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A wise man one said...
No person will make a great business who wants to do it all himself.
A goal without a plan is just a wish.
To accept good advice is but to increase one's own ability.
Any sufficiently advanced technology is indistinguishable from magic.
Advice is like snow; the softer it falls, the longer it dwells upon, and the deeper it sinks into the mind.
Whenever you see a successful business, someone once made a courageous decision.