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Taking time out to use annual leave is a healthy thing to do: not only does it allow employees to rest and re-energise, it can also leave them feeling more motivated and work more effectively. However, with the lockdown measures and quarantine uncertainties, it is important that employers do not allow staff to build up
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On 25 July, the UK government announced that anyone returning from mainland Spain, including the islands, would have to self-isolate for two weeks.  Since then we have seen many other countries added to the UK’s quarantine list. Bal Dhesi has summarised a few practical tips for you to consider when handling any annual leave requests and
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HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme (CJRS). The ICAEW Tax Faculty says that HMRC began issuing the letters at the end of August to businesses that are suspected of having claimed more than they were entitled to
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Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and the Great British Entrepreneur Awards. The data indicates that 75 per cent of business owners are feeling more confident than they did in July as lockdown measures ease. While
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The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free children’s savings account set up by the Government, which were available to those born between 1 September 2002 and 2 January 2011. Parents or guardians of a child
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As the Coronavirus Job Retention Scheme (CJRS) is slowly wound down by the Government, businesses must adapt their PAYE reporting and payroll function to reflect the required funding contributions. To help, we have provided a list of key dates for September and the following months to ensure you are prepared for the changes ahead: 1
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A new set of Advisory Fuel Rates for the next financial quarter are now in effect as of 1 September 2020. These rates apply to any employee who uses a company car. The rates can be used in circumstances where you are reimbursing employees for business travel in their company car or in requiring employees
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According to the latest official figures from HM Revenue & Customs (HMRC), a total of £1.1 billion was paid out in tax reliefs for the creative sector during 2019/20. The figure represents a rise of more than £30 million on the previous year. Creative sector tax reliefs aim to increase the level of investment in
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Companies House has changed its bank details with effect from 1 September 2020 following a technical change to the way it is funded. Letters sent by Companies House from 1 September 2020 onwards include the new bank details, which businesses will need to use to pay any fees due. The previous bank details will remain
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In the last financial year, HM Revenue & Customs (HMRC) have seen a 10% increase in whistle-blowing reports for tax evasion, according to data released by UHY Hacker Young. In 2018/19, the taxman received 66,000 tip-offs, this increasing number of reports can be attributed to the nations shift in attitude towards treating tax evasion as
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Monday 7th September sees the Chartered Institute of Payroll Professionals’ (CIPP) annual National Payroll Week campaign kick back into action for another year. Established in 2018, the CIPP is celebrating the payroll profession and ensuring it gets the recognition it deserves for keeping the UK paid. This year, more than ever before, National Payroll Week focuses on
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Throughout this ongoing pandemic, fraudsters have attempted to play on people’s fears to try and trick them out of their hard-earned cash. Now UK Finance, the trade body for the British banking sector, has issued a list of the most common scams to help people identify them. The ten scams to be wary of include:
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Taking time out to use annual leave is a healthy thing to do: not only does it allow employees to rest and re-energise, it can also leave them feeling more motivated and work more effectively. However, with the lockdown measures and quarantine uncertainties, it is important that employers do not allow staff to build up
Find out more

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If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@wildercoe.co.uk.