Do I Charge VAT on E-Publications?

During the March 2020 Budget, the Chancellor announced that you would not need to charge VAT on the sale of electronic publications (e-publications) from 1 December. However, following the outbreak of the coronavirus pandemic he has brought this forward to 1 May 2020. Electronic items that fall under this category include: booksbookletsbrochurespamphletsleafletsnewspapersjournals and periodicals - … Continue reading Do I Charge VAT on E-Publications?

Advisory Fuel Rates from 1st June 2020

For employees using a company car, the new fuel rates for use from 1 June are as follows: Engine SizePetrolLPGDieselAmount per mile (in pence)1400cc or less10681401cc to 1600cc12881601cc to 2000cc1289Over 2000cc171112 For the purpose of fuel rates, hybrid cars are treated as either petrol or diesel cars. Please note: This article is a commentary on … Continue reading Advisory Fuel Rates from 1st June 2020

How to Claim Back Statutory Sick Pay Paid to Employees Due to the Coronavirus

If you're an employer, you may be able to recover the costs of paying coronavirus-related Statutory Sick Pay (SSP), through the Coronavirus Statutory Sick Pay Rebate Scheme (CSSPRS), from 26 May 2020. You are eligible if you have a PAYE payroll scheme that was created and started before 28 February 2020 and you had fewer … Continue reading How to Claim Back Statutory Sick Pay Paid to Employees Due to the Coronavirus

Self-Employment Income Support Scheme – Do You Qualify as ‘Adversely Affected’?

In order to be eligible to claim from the Self-Employment Income Support Scheme (SEISS) your business must have been adversely affected by coronavirus. However many clients are asking what qualifies as ‘adversely affected’? HMRC has provided some guidance on the meaning. This includes being unable to work because you are shielding, self-isolating or are on … Continue reading Self-Employment Income Support Scheme – Do You Qualify as ‘Adversely Affected’?

How to Create a Government Gateway User ID

A Government Gateway user ID is a series of 12 digits required, alongside a password, to access the UK government’s secure online services, including the HMRC portal. To setup your account, you will need to complete the following steps: Go the government website - https://www.access.service.gov.uk/registration/emailEnter your email addressEnter the confirmation code sent to your email … Continue reading How to Create a Government Gateway User ID

How to Claim a Grant Through the Self-Employment Income Support Scheme

If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). Before you make a claim you need to know if you qualify for the scheme. You can find out how to check if you are eligible here. … Continue reading How to Claim a Grant Through the Self-Employment Income Support Scheme

Bounce Back Loans for Small Businesses

The Chancellor has announced a 100% government backed loan scheme for small businesses, designed to offer up to £50,000 of fast-track finance for those affected by coronavirus. The bounce back loan scheme will enable businesses to borrow between £2,000 and £50,000 and access the cash within days, and in some cases within 24 hours. Loans … Continue reading Bounce Back Loans for Small Businesses

How to Check If You Are Eligible for the Self Employment Income Support Scheme

If you're self-employed or a member of a partnership and have been adversely affected by coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). HMRC have launched a tool for you to check if you are eligible for the scheme ahead of the launch on Wednesday 13 May 2020. To check … Continue reading How to Check If You Are Eligible for the Self Employment Income Support Scheme

Coronavirus Business Support Finder

Over the past few weeks, the government has announced various support packages for businesses and self-employed people, but it’s still unclear to some what they’re eligible for. The government has now launched a new ‘support finder’ tool. This tool will help you quickly and easily determine what financial support is available to you. The tool … Continue reading Coronavirus Business Support Finder

How to Calculate Your Claim for the Coronavirus Job Retention Scheme

If you have furloughed employees, you will now be able to claim your grant from HMRC. We have a guide on 'How to Apply for the Coronavirus Job Retention Scheme' here. First, you will need to calculate how much you need to claim. For the majority of employers with full-time or part-time employees on a … Continue reading How to Calculate Your Claim for the Coronavirus Job Retention Scheme