Kickstarting Careers among the Covid 19 pandemic – The Government Kickstart Scheme

As businesses struggled to find cover the government has been persistent in trying to ensure that no one feels left out in their spate to ease the burden that has fallen so ominously due to the coronavirus pandemic. The Kickstart Scheme so close on the heels of furlough is another scheme that is targeting employment and specifically employees as its objective. Just as furlo...

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October 07, 2020

HMRC Guidance on Collecting Debts

If you do not pay your tax bills, whether it is your self-assessment tax, Corporation tax, VAT or any other statutory payments, HMRC can go for enforcement action to recover the payments from you. And this arrangement is something most us would like to avoid. Sometimes, this can become a nightm...

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October 05, 2020

Capital Gains Tax on UK Property – How to report to HMRC?

HMRC has introduced a new Capital Gain Tax reporting and payment regime from 6th April 2020. This is applicable for both UK resident and Non-UK residents. In this article we have covered the methods that you need to use to report and pay capital gains tax.

You can report and pay Capital Gains Tax due:

1. Using the new HMRC service for ca...

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October 03, 2020

The Implications of Furlough Frauds

The government’s well known furlough scheme which is known as the CJRS (Corona virus Job Retention Scheme), was launched as a saviour for millions of people in UK and those who are using this scheme have been allowed to make an ethical judgement about whether they should be claiming it or not. It is seen that by the end of the last week of May 2020, the CJRS had been ...

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September 30, 2020

The Impact of Corona on Payroll & Accounting Services

As we are yet to see the full impact of Covid-19, it is obvious that everyone in this economic turmoil is affected and hopeful for the brighter tomorrow. It is seen that millions have submitted their jobless claims, and many economists are forecasting unemployment in Q2 2020. Well established and once a recession-proof organizations are experiencing turning their business m...

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September 28, 2020