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What are P11d forms, and do I need them?
Benefits in kind are benefits you give to your employees such as season tickets for travel, gym membership, or company cars.
A Business Owner's Guide to Accounting Terms
To help guide you to some of the most used accounting terms you may encounter, we have compiled a short list of regularly used terms to know what they mean.
Reclaim Coronavirus Statutory Sick Pay(SSP)-UK Rebate Scheme
During the Furlough announcement, it was evident that employers were going to be able to recover the first 14 days of Statutory Sick Pay if they got Covid.
Furlough Scheme Extension Details
The Furlough scheme was extended in the UK to October 2020, with some changes in place to help accommodate employees, employers, and the gradual return to work.
Claim Self Employed Income Support Scheme (SEISS)
The Self Employed Income Support Scheme (or SEISS) has now been opened ahead of the previously scheduled date, expect HMRC to reach out to you starting today.
COVID Self Assessment Payment on Account Deferral
HMRC offered self-assessment payment on account deferral for the 19/20 tax year as a means of support during the Covid-19 outbreak.