Category Archives: COVID-19 Business Support

Virtual Christmas parties will qualify for tax exemption

HMRC has confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the tax exemption rules for annual functions. ‘Having considered the scope of section 264 ITEPA03 (annual parties exemption), we are pleased to confirm that the exemption will apply to the costs associated with virtual parties […]

Job Support Scheme (JSS) – what we know so far….

Second lockdown update 03/11/20: The new Job Support Scheme (JSS), which was the government’s replacement wage support scheme, had been set to launch on 1 November, with the government publishing 11 detailed guidance notes on the evening of 30 October to help employers in administering the same. This scheme has, however, now been postponed until […]

Apply for a Kickstart Scheme grant: 29 or less job placements

The Government describes the scheme as an ‘innovative way to help young people into work and spur Britain’s economic revival’. It was officially launched on Wednesday. The scheme is subsidised with the Government paying 100 per cent of the age-relevant National Minimum Wage, National Insurance and pension contributions provided young people aged 16-24 are given quality […]

HMRC Deferred Payments Update

VAT On the 24th September the chancellor announced that businesses who deferred VAT due from 20th March to 30th June 2020 will now have the option to pay in smaller payments over a longer period of time.  Smaller payments can now be made up to the end of March 2022 and will be interest free. […]