NHS Test and Trace in the Workplace
The government guidance explains how employers and businesses can support NHS Test and Trace and play their part to slow the spread of the virus, protect the health and the care system....
09 November, 2020
Author: DPC Accountants
Temporary 5% VAT rate for food, accommodation and attractions starts 15 July (Updated)
Updated: 24 September 2020 From Wednesday 15 July 2020 to 12 January 2021, to support businesses and jobs in the hospitality sector, the reduced 5% rate of VAT will apply to supplies of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar premises across...
24 September, 2020
“Usual hours” for flexible furlough claims
Although it is not a change announced by the Chancellor on 8 July we thought that we would take this opportunity to alert you to HMRC guidance on the calculation of “usual hours” for the purpose of the new flexible furlough scheme that started on...
10 July, 2020
Green homes grant
The government will introduce a new Green Homes Grant which will provide at least £2 for every £1 homeowners and landlords spend to make their homes more energy efficient, up to £5,000 per household. For those on the lowest incomes, the scheme will fully fund energy...
10 July, 2020
Stamp Duty Land Tax threshold temporarily increased to £500,000
The housing market has been severely affected by the pandemic, with activity and construction both slowing sharply. Moving house also has a multiplier effect on the economy as people tend to spend money decorating and furnishing their new home, with estimates suggesting that doing so...
10 July, 2020
Eat out to help out in August
In order to support around 130,000 businesses and to help protect the jobs of their 1.8 million employees in the hospitality sector the government will introduce the “Eat Out to Help Out” scheme to encourage people to return to eating out. This radical scheme will entitle...
10 July, 2020
Kickstart scheme for new 16 to 24 year olds
The new Kickstart Scheme is a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16-24 who are on Universal Credit and at risk of long-term unemployment. The government funding will cover 100% of the relevant National...
10 July, 2020
Job retention bonus
The Coronavirus Job Retention Scheme (CJRS) has so far supported over one million employers to protect over 9 million jobs. The scheme which started in March will wind down flexibly and gradually supporting businesses until the end of October. There has been pressure to keep...
10 July, 2020
Chancellor announces “a plan for jobs”
Many of the changes announced by the Chancellor in his statement on 8 July, such as the temporary Stamp Duty holiday, had already been leaked to the press but as in previous Budgets he still managed to keep a few surprises up his sleeve. The main...
10 July, 2020
P11d forms still due by 6 July 2020
Despite the coronavirus lockdown HMRC have announced that they will still expect P11d forms reporting expenses and benefits to be submitted by the normal 6 July deadline. Remember that reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in...
05 June, 2020