Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees who have been asked to stop working, but who are being kept…
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Updated Guidance on Coronavirus Job Retention Scheme
The government issued updated and more detailed guidance on the Coronavirus Job Retention Scheme on 4 April 2020. The full guidance can be accessed here https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Some of the important clarification relate to the following: Office Holders and Company Directors 'As office holders, salaried company directors are eligible to be furloughed and receive support through this…
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Cars and taxing issues
We have listed below a number of issues that you will need to consider if directors or employees use a car for business purposes. Essentially, if the car is owned by the business any private use of the vehicle will trigger a tax charge for the driver (car user) and a possible NIC bill for…
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Useful ‘Active Practice’ Articles
Every month we publish two 'Active Practice' Articles on topical issues that we believe our clients may find interesting, they can be accessed from the free resources Tab on our website, alternatively you can access PDFs of them here Active Practice Updates These Updates cover all aspects of tax and other areas useful to small…
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