business taxation Archives - Page 39 of 80 - Whitefield Tax - Isle of Wight Accountants

ACCA on Covid-19 – Latest changes on the CJRS and SEISS support

by Jessica Garbett | Nov 19, 2020 | ACCA, business taxation, Covid19

The CJRS has been extended until the end of March 2021 – all you need to know. The previously announced Job Support Scheme that was due to replace the CJRS (Coronavirus Job Retention Scheme) has now been withdrawn and CJRS has been extended until the end of...

Tax considerations for employees working from home

by Jessica Garbett | Nov 13, 2020 | ACCA, business taxation, personal taxatation

Employer payments towards additional household costs incurred by employees who work at home. Since the Covid-19 outbreak, most employers have followed government advice and agreed with their workforce that anyone who can work effectively from home should do so....

Multi Purpose Vehicles – Vans or Cars

by Jessica Garbett | Oct 27, 2020 | business taxation

A dispute around the tax classification of multi purpose vehicles being classified as either vans or cars has been rumbling on for a while, and there is now a binding decision from the Court of Appeal. The case is Payne, Garbett and Coca-Cola European Partners Great...

HMRC tax penalties and available mitigation

by Jessica Garbett | Oct 9, 2020 | ACCA, business taxation, personal taxatation

Guidance and worked examples on when HMRC can issue a tax penalty. HMRC can charge you a penalty for various reasons, if you do not comply with the tax rules. For example, if you: submit a tax return late pay tax late fail to notify HMRC about changes that may...

ACCA on How to survive a Covid-related HMRC enquiry

by Jessica Garbett | Oct 2, 2020 | ACCA, business taxation, Covid19

Practical tips to help accountants and clients manage HMRC Covid-19 enquiries. It has recently been reported that up to £3.5bn in Coronavirus Job Retention Scheme (CJRS) grants amounting to as much as 10% of the total CJRS cost may have been overclaimed as a...

CJRS: Repaying incorrect grants

by Jessica Garbett | Sep 25, 2020 | business taxation, Covid19, employer returns

HMRC is sending compliance letters to certain employers about the claims they have made under coronavirus job retention scheme (CJRS). Tax agents should receive a copy of this letter if is sent to their client. A compliance letter will be triggered where employer has...

« Older Entries

Next Entries »

ACCA on Covid-19 – Latest changes on the CJRS and SEISS support

Tax considerations for employees working from home

Multi Purpose Vehicles – Vans or Cars

HMRC tax penalties and available mitigation

ACCA on How to survive a Covid-related HMRC enquiry

CJRS: Repaying incorrect grants

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax