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Company car ‘availability’ during the Covid-19 pandemic
Company car ‘availability’ during the Covid-19 pandemic For many, their working patterns changed as a result of the Covid-19 pandemic. Some employees were required to work from home, some were furloughed, while those with certain health conditions were required to shie...
Reasonable excuse – does coronavirus count?
Reasonable excuse – does coronavirus count? HMRC may allow an appeal against a penalty if the taxpayer has a ‘reasonable excuse’ for why, say, they filed a return late or paid their tax late. A ‘reasonable excuse’ is something that prevented a taxpayer...
Reclaim SSP for Covid-19 absences
Reclaim SSP for Covid-19 absences Small employers can reclaim statutory sick pay (SSP) paid to employees who were absent from work due to the Coronavirus. The online claim service went live on 26 May 2020. Employers can use the scheme to claim back SSP ...
P45 procedures – What to do when an employee leaves
P45 procedures – What to do when an employee leaves When an employee leaves, there are various procedures that need to be followed from a payroll perspective. These include telling HMRC that the employee has left and issuing the employee with a P45. Notifyin...
Reporting expenses and benefits for 2019/20
Reporting expenses and benefits for 2019/20 Employers who provided taxable expenses and benefits to employees in 2019/20 need to tell HMRC about them by 6 July 2020, if they have not opted to tax them via the payroll. Non-payrolled taxable expenses and ...
Check your tax code – And what to do if it is wrong
Check your tax code – And what to do if it is wrong The tax code is fundamental to the operation of the PAYE system. The tax code represents the allowances (or ‘tax-free pay’) to which an employee is entitled, or, where the code is a K-code, the addi...
Deferring self-assessment Payment on Account – Is it a good idea?
Deferring self-assessment Payment on Account – Is it a good idea? To help those suffering cashflow difficulties as a result of the Covid-19 pandemic, the Government have announced that self-assessment taxpayers can delay making their second payment on account for 2019/20...
How to calculate statutory redundancy pay
How to calculate statutory redundancy pay While some help is available to employers through the Coronavirus Job Retention scheme to help them keep staff on during the COVID-19 pandemic, in some cases, it may not be possible to avoid making staff redundant. Where staff a...
Tax charge on company vans An employee may be provided with a company van to enable them to do their job. Where that van is also available for the employee’s private use, a tax charge arises under the benefit in kind legislation. However, if private use is limite...
Defer VAT payment during the COVID-19 pandemic
Defer VAT payment during the COVID-19 pandemic To help businesses struggling with their cashflow during the COVID-19 pandemic, VAT registered businesses can opt to defer the payment of VAT that becomes due between 20 March 2020 and 30 June 2020. This will cover returns for...
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