Video-Witnessed Wills
Video Witnessed Wills are to be made legal during the Coronavirus Pandemic The Government is to legalise the remote witnessing of wills – making it
31st July 2020
Video Witnessed Wills are to be made legal during the Coronavirus Pandemic The Government is to legalise the remote witnessing of wills – making it
Diners who eat-in will benefit from a 50% discount, up to a maximum of £10 per person, on food and non-alcoholic drinks, any Monday to Wednesday in August. No voucher is required and diners can take advantage of the offer as many times as they like during August.
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 1 July.
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 efficiency measures of up to £10,000 per household.
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.
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.
Businesses eligible for the first Self Employment grant must make their claim by Monday 13th July 2020. At the end of May the government announced that the scheme would be extended, with a second and final payment being made in August 2020.
Are you ready for the introduction of the new way of accounting for VAT in the Building and Construction Industry? This comes into force with effect from 1 March 2021.
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 the performance of the employee’s duties. Dispensations from reporting are no longer required.
Chancellor Rishi Sunak announced on 12 May that the CJRS scheme will be extended until the end of October. The scheme will continue in its current form until the end of July with the Government paying 80% of employees wages up to £2,500 a month. For account purposes the amounts received should be credited to a “grants received” account, and this will therefore increase taxable profits of the business.
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