HMRC has reminded businesses that employ seasonal, temporary staff that, as long as they know their staff will be working for them for fewer than three months, they can postpone the legal duty to assess staff for pension purposes for three months. During this period, employers will not need to put staff into a pension […]
Historically when paying a limited company contractor (an individual working for you but invoicing you through their own limited company, aka a “personal service company”) the payer does not have to consider whether there is an employment relationship. Since 2017 public sector bodies have had to make such payments through payroll if the relationship would […]
In an article in the latest Employer Bulletin, HMRC confirms that late filing and late payment penalties will be considered on a risk-assessed basis rather than issued automatically. In practice it seems that these penalties are only issued for significantly late returns or persistently late filers.
From 6 April 2020 the £3,000 annual employment allowance (reduction of employers national insurance) will count as state aid. It may be necessary to keep an eye on state aid de-minimis limits if you are also claiming any grants or tax credits. Note that UK government intends to keep the current EU rules regarding state […]
The implementation of domestic reverse charge VAT for construction services has been delayed until 1 October 2020. We will keep you informed of any further changes.
Fake antivirus: Tech support scams are commonplace. The sole purpose of a fake antivirus pop-up is to encourage the downloading of software, which is designed to infect computers with malware rather than provide the protection it claims to be offering.
Government agency impersonation: This form of phishing is often used to target businesses and involves a fraudster impersonating a government agency to gain valuable information such as company bank details.
Ransomware: There have been some high-profile ransomware scams. Any holes in a company’s IT firewall will put the business at risk of being targeted by a criminal, who demands money in exchange for decrypting the hijacked data files.
From 6 April 2020, new zero emission models will pay no company car tax in 2020-21, 1% in 2021-22 and then 2% rate in 2022-23. The current benefit in kind rate of 16% of the list price for zero emission cars remains in place until 5 April 2020 – so expect a rush on electric […]
Service provider scam: Continuity of service is always important to the smooth running of a business, so a threat to cancel or withhold supplies can often provoke an urgent response. Scammers assume the identity of a service provider and threaten a business with consequences if they don’t pay immediately.