UHY Ross Brooke Chartered Accountants
The Government has unveiled the next stages of its plan to reward farmers and landowners for actions which benefit the environment, supporting sustainable food production alongside vital nature recovery and work towards net zero. Two new environmental land management schemes will play an essential role in halting the decline in
HM Revenue and Customs (HMRC) is reminding Self-Assessment tax payers to declare any COVID-19 grant payments on their 2020 to 2021 tax return. These grants are taxable, and you should declare them on your 2020 to 2021 tax return before the deadline on 31 January 2022. The Self Employed Income
The government is reintroducing the Statutory Sick Pay Rebate Scheme (SSPRS). This will be a temporary scheme to support employers facing heightened levels of sickness absence due to COVID-19. The SSPRS will refund small and medium-sized employers’ COVID-related SSP costs for up to two weeks per employee. To qualify for
The government announced in late December additional economic support to help businesses who have been most impacted by the Omicron variant. New Business Grants The government is introducing a new grant scheme to support businesses that are experiencing difficulties because of the Omicron variant. Hospitality and leisure premises will benefit
Does my employee still need to provide a fit note? In addition to the SSPRS reintroduction for SMEs, there is also a temporary change to Statutory Sick Pay (SSP) Regulations. Absent employees can now self-certify their sickness for 28 days, in a temporary measure from 17th December, replacing the need
Financial support for businesses impacted by Omicron Businesses impacted by Omicron can now access additional financial support from the Governement including: One-off grants for businesses in the hospitality and leisure sectors of up to £6,000 per premises (applies in England only). Local authorities have been given access to more than
HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021. Most customers will have to make declarations and pay relevant
Last year many businesses put on a “virtual” Christmas party event and HMRC agreed that would be acceptable in order for there to be no taxable benefit for the employees involved. There continues to be no taxable benefit for employees provided that all staff are invited, and the cost does
HMRC have updated their guidance on repaying Coronavirus Job Retention Scheme (CJRS) furlough grants that have been overclaimed by employers. Employers, or their agents, must use the online service to get a unique payment reference number before they can pay HMRC back. Note that HMRC may levy a penalty if
Enterprise Nation is partnering with Aviva and Smart Energy GB to help businesses implement sustainable best practices that deliver a positive impact on the planet, society, and the economy. The programme has been designed to support small and medium businesses and business owners by increasing their understanding of environmental and