Lockdown restrictions have forced many businesses to close temporarily. Selling goods or clothes on sites such as eBay and Depop offers the opportunity to raise some much-needed cash in these difficult times. But what are the associated tax implications and do you need to tell HMRC about it? Badges of…
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The pandemic has encouraged most businesses to focus on the wellbeing of their team. 2020 has been a challenging year for all of us. As most businesses were forced to shift to remote working, the importance of employee wellbeing moved towards the top of the agenda. Firms around the world…
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The government is currently undertaking a fundamental review of the current business rates system, including ideas for possible change and a number of alternative taxes. Conclusions and any changes are likely to be forthcoming in Spring 2021. Many businesses feel that the current system for calculating business rates is antiquated…
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Covid 19: Furlough Scheme Extended The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked and further economic support announced. Furlough scheme will remain open until December, with employees receiving 80% of their current salary for hours…
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