From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply. A summary of the provisions is set out below: The Coronavirus Act 2020 protects most tenants and secure licensees in the private and social rented sectors. It puts measures in place that say where landlords do need to issue notices […]

If you are faced with making employees redundant the terms that determine the amount payable may be written into your staff contracts of employment. Otherwise, employees will normally be entitled to statutory redundancy pay if they have been working with you for two years or more. Entitlement is usually based on: half a week’s pay […]

If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT. However, you do not have to deregister. Disadvantages and advantages of deregistration If you buy significant amounts of goods and services that include a VAT charge, then if you deregister you will not be able to […]

Your UK residence status affects whether you need to pay tax in the UK on your foreign income. For example, non-residents only pay tax on their UK income. They do not pay UK tax on their foreign income. Whereas UK residents normally pay UK tax on all their income, whether it’s from the UK or […]

Up to 16,000 self-employed people have been paid too much in grant overpayments, according to HMRC. Around 0.6% of the grants paid out through SEISS include an overpayment. How Many Grant Overpayments? As about 2.7 million grants have been issued so far, that suggests just over 16,000 claimants may have been overpaid. Those who’ve been […]

The list of countries adversely affected by coronavirus changes all the time. Here’s some direction for employers where staff will be self isolating on return from a holiday. Self Isolating on Return from a Holiday A person’s employment rights will depend on their employment status and specific circumstances. Please check the Guidance on returning to the UK. […]

A number of funded workshops and programmes are available which could be of use to your businesses. To qualify for these free workshops, you must be an SME and based in Lancashire. Bid & Tender Management (Online) Wednesday 16 September 2020, 10.00AM – 12.30PM Introduction to Linkedin (Venue: Blackburn Enterprise Centre) Tuesday 6 October 2020, 10.00AM […]

Dates and deadlines for this month and September… 1 August 2020 – Due date for Corporation Tax due for the year ended 31 October 2019. 19 August 2020 – PAYE and NIC deductions due for month ended 5 August 2020. (If you pay your tax electronically the due date is 22 August 2020) 19 August […]

In an update to the GOV.UK website recently the following post appeared: The Chancellor has written to the OTS (Office of Tax Simplification), to ask the OTS to undertake a review of Capital Gains Tax and aspects of the taxation of chargeable gains, in relation to individuals and smaller businesses. As well as looking at […]