business issues Archives - Whitefield Tax Limited - Isle of Wight Accountants

ACCA on Company filing – summary of amendments

by Jessica Garbett | Jul 3, 2020 | ACCA, business issues, Covid19

Be aware of immediate new measures and those which will be effective in secondary legislation. The Corporate Insolvency and Governance Bill received royal assent and is now an Act. Some of the measures in the Act will come into effect immediately and...

Flexibility for insolvent businesses

by Jessica Garbett | Jun 12, 2020 | ACCA, business issues, Covid19

ACCA on what the Corporate Insolvency and Governance Bill means for businesses. What is the purpose? The UK government recognises that businesses are going through an unprecedented time and it is trying to provide some additional benefits to businesses and directors...

ACCA on Covid-19 impact on maternity, paternity and adoption pay

by Jessica Garbett | Jun 11, 2020 | ACCA, business issues, Covid19, employer returns, personal finance

Changes to ensure furloughed employees are not disadvantaged. There has been a change in the calculation of leave for employees addressing the fact that a furloughed employee may be disadvantaged. The Entitlement to Statutory Maternity Pay and other forms of parental...

Deferral – VAT – Domestic Reverse Charge for Building and Construction Services

by Jessica Garbett | Jun 9, 2020 | business issues, VAT

The VAT Domestic Reverse Charge for Building and Construction Services has been deferred again. Originally it was October 2019, then October 2020, now 1 March 2021 (not the start of the tax year, which you may expect). See our previous guidance on the topic VAT...

Coronavirus Job Retention Scheme (updated 1 June)

by Jessica Garbett | Jun 1, 2020 | business issues, Covid19

We have seen detailed guidance on the Coronavirus Job Retention Scheme – the 80% subsidy – published 26 March 2020, and broadly as expected. Some extra clarification was added by Government on 4 April 2020, and this is reflected in this post around Company...

Coronavirus Self-employment Income Support Scheme (updated 1 June 2020)

by Jessica Garbett | Jun 1, 2020 | business issues, Covid19

This has been announced today, details are evolving, but this is what we know: a taxable non repayable grant for Self Employed and Partners – not company directors only available if your average profits over 16/17, 17/18 and 18/19 less than £50,000 grant is 80%...

« Older Entries

ACCA on Company filing – summary of amendments

Flexibility for insolvent businesses

ACCA on Covid-19 impact on maternity, paternity and adoption pay

Deferral – VAT – Domestic Reverse Charge for Building and Construction Services

Coronavirus Job Retention Scheme (updated 1 June)

Coronavirus Self-employment Income Support Scheme (updated 1 June 2020)

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