It goes without saying that Covid-19 has had an enormous impact on businesses and on the people who run them. There’s an ancient Chinese proverb that says “The gem cannot be polished without friction, nor man perfected without trials”. Although it has been an immensely hard time for some, and vulnerable at best for others,…
Category Archives: Coronavirus general
10
May
May
You keep saying you will do it but time runs away with you. Don’t worry there is still time to put a claim in for working from home for the tax years 2019/20 & 2020/21. Please click on the link below to see our previous blog for details regarding how to make the claim. https://www.saint.co.uk/hmrc-portal-open-for-wfh-working-from-home-expenses-claims/…
06
May
May
Employees working from home due to the coronavirus pandemic can continue to claim tax-relief on costs not reimbursed by their employer, but a new claim will need to be made for the 2021/22 tax year, HMRC has confirmed. Normally, employers can pay a tax-free allowance of up to £6 per week/£26 per month to employees…
29
Jan
Jan
On 15 January 2021, the Supreme Court upheld an appeal by the FCA and rejected the appeals of the insurers meaning that thousands of policyholders may now be able to recover business interruption losses caused by Covid-19. This means, the Supreme Court’s landmark judgment entitles many policyholders to claim for losses caused by: 1. the…
26
Jan
Jan
We have compiled a summary of what Government assistance you can claim. The guide can be viewed on our website. It is an interactive document with links to our blogs and Government website page, that we will update as an when the Government makes any further announcements. Please get in touch if you have any questions or need any assistance.
08
Dec
Dec
With more of us working from home there is good news from HMRC that employees can now make a claim for tax relief to cover some of their costs while they are working from home. The previous rule for employees was that there had to be a home working arrangement with their employer under which…
05
Nov
Nov
For 2020/21 you can claim a whole year’s relief even if you have only worked at home for part of it since 6 April. The full years claim is only currently available for 2020/21, in future years you will be required to actually work from home for each week that you claim. Launched on 1…
Coronavirus general, Government backed loans and funding, Job Retention Scheme, Self Employed Income Support Scheme (SEISS)
Furlough scheme EXTENDED and other further support announced
02
Nov
Nov
Over the weekend it was announced that England will be plunged into another lockdown, though with a few less restrictions than the first. Many businesses are being ordered to close including: Non-essential retail Hospitality Indoor and outdoor leisure and sports facilities Entertainment venues Personal care facilities Places of worship (except for some exemptions such as…
20
Oct
Oct
As announced by the Chancellor, Self Assessment customers can now apply online to spread the cost of their tax bill into monthly payments without the need to call HMRC. The online self-serve ‘Time to Pay’ service, has been increased to £30,000 for Self Assessment customers, to help ease any potential financial burden they may be…
24
Sep
Sep
Please see below for a summary of the announcements made by the Chancellor of the Exchequer, Rishi Sunak, today in the House of Commons. New Job Support Scheme The furlough scheme will end in October 2020 as planned. However, there will be a new Job support scheme from 1 November 2020 for 6 months. The…
