Tax Diary July/August 2020

1 July 2020 – Due date for corporation tax due for the year ended 30 September 2019. 6 July 2020 – Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2020 – Pay Class 1A NICs (by the 22 July 2020 if paid electronically). 19 […]

Brexit – no extension to transition period

Brexit - no extension to transition period

It is now confirmed that the UK will neither accept nor seek any extension to the Transition Period. From 1 January 2020, the UK will have the autonomy to introduce its own approach to goods imported to GB from the EU. Recognising the impact of coronavirus on businesses’ ability to prepare, and following the announcement […]

Unwinding furlough

Unwinding furlough

Last month we commented on the changes to the Coronavirus Job Retention Scheme (CJRS) that commenced at the beginning of this month (1 July 2020). Now that we have the option to bring back employees on a part-time basis and still have a measure of support for their unpaid time, what considerations should we consider […]