ACCA on Covid-19 and impact on VAT

Deferrals, PPE and more in this handy summary. VAT deferral VAT registered business can defer VAT payments that are due from 20 March 2020 to 30 June 2020. The measure applies to payment deadlines for the following VAT quarters: 29 February 2020: normal payment...

Forms P11D – returns and key dates

A quick reference guide from ACCA for P11D forms. Manner in which provided:  Tax/NIC due: Report on: Employer arranges and pays directly for benefit Class 1A  P11D Employee arranges benefit; employer pays for it Class 1 (employee and employers) Account for NIC through...

Another Scam to Watch For

Scams seem to get more sophisticated each day? This one looked genuine, as it came from the hosting company I use. However: The email address they sent to isn’t registered with them There was no notification in the email that is registered with them The sending...

Coronavirus Bounce Back Loans

Announced the end of last week, and open for application from today, 4th May 2020. The Bounce Back loans are a simplified form of loan, compared to the Coronavirus Business Interruption Loan Scheme (CBILS). Per HM Government: The Bounce Back Loan scheme helps small...