30 Jul 2020

As the UK is starting to take steps towards “Business as usual”, here at Barrons we would like to let you know what we are doing to keep both you and our staff safe. We now require you to let us know, in advance, if you are visiting the office, this includes dropping off/collecting records. When visiting the office for a meeting, parking boards will be set out, you will be met at the ...

23 Jul 2020

What has changed? New and significant reporting requirements were introduced 6th April 2020 where a UK resident individual is due to pay CGT on the disposal of a UK residential property. A new standalone return will need to be filed online with HMRC, together with a CGT payment on account. Both of these are due within 30 days of completion of the transaction. Interest and...

08 Jul 2020

Clock Vintage Old Time Retro  - Bakinbardi / Pixabay
Claims for the first Self-employment Income Support (SEISS) grant must be made by Monday 13 July.   Deadline for Self Employment Income Support Claim Businesses which have been adversely affected by Covid-19 and are eligible to make a claim under the first SEISS grant must do so by 13 July 2020. This deadline will be rigidly enforced, and after that date you will only ...

29 Jun 2020

As part of the government’s support for businesses during COVID-19, HMRC gave businesses the option of deferring their VAT payments if they were unable to pay on time, without incurring late payment interest or penalties. Payment of VAT falling due between 20‌‌ March and 30‌‌ June 2020 was capable of deferral until 31‌‌ March 2021. It is important to recognise that the window is NOW C...

10 Jun 2020

Don’t miss 10 June deadline for furlough Employers are reminded that 10 June is the last date for starting furlough for staff to claim a grant under the Coronavirus Job Retention Scheme (CJRS). On 30 June the Job Retention Scheme will close to employees who have not been furloughed for a three-week period under the Scheme. This means today is the last day that you can seek to furlo...

01 Jun 2020

On Friday 29th May, the Government set out further clarification of how the Job Retention Scheme is to be amended in the coming months, in order to support businesses returning staff back to work. The update features improved flexibility to bring furloughed employees back part time from July, and a new taper requiring employers to contribute modestly to furloughed salaries from August...

01 Jun 2020

Following the Government statement on Friday 29 May, the Self-Employment Income Support Scheme will be extended, giving more security to individuals whose livelihoods are adversely affected by coronavirus in the coming months. If you want to know more detail about the Scheme, follow this link: Check if you can claim a grant through the Self-Employment Income Support Scheme   I...

13 May 2020

Yesterday, the Government released guidance for a range of employers and workplace scenarios on how to restart their businesses after lockdown while ensuring employees and customers remain as safe as possible. A host of recent announcements confirms that Government is preparing employers and employees for a gradual return to work – for more information please refer to The Governm...

Barrons has put together a helpful guide to running your business during the coronavirus crisis.