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Date
Aug 11, 2020
Categories
Covid-19
The Minister for Regional Growth and Local Government has announced that small and medium sized businesses are being given access to £20 million of new government funding to help them recover from the effects of the coronavirus pandemic. - Read More
The Government has updated its guidance on taxable expenses and benefits when they are paid to employees because of coronavirus, and has provided details of how to report them to HMRC. - Read More
News
In a bid to protect against payment scams and payments made in error, banks across the UK have adopted a name checking service called Confirmation of Payee. - Read More
VAT
The new anti-fraud domestic reverse charge VAT scheme was due to be introduced in the construction sector from 1 October 2020, but it has now been postponed for a period of 5 months until 1 March 2021. - Read More