DSM Chartered Accountants business news update 1st June 2020 – Job Retention Scheme/ Furlough Grant, Government Announcement 29th May 2020   On 29th May the Chancellor announced furlough grant rule changes up to the end of the government grant on 31st October 2020. https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme   https://www.gov.uk/government/news/chancellor-extends-self-employment-support-scheme-and-confirms-furlough-next-steps   Main headlines are :-   The final date…

DSM Chartered Accountants news update 15th May 2020 – PAYE employees Covid-19 home working tax allowance   Employees who are now working from home because their work place is closed, may be able to claim tax relief for some of the bills they have to pay. From 6 April 2020 your employer can pay you…

DSM Chartered Accountants Business News 27th March 2020 (No 2) – Government ‘Job Retention Scheme’, also known as the 80% furlough wages grant Under the radar of the Chancellor’s major announcement at 5pm on 26th March 2020 of the new self-employed support grant, HMRC also published the new rules on the 80% furlough wages grant…

DSM Chartered Accountants Business News 27th March 2020 – Self-employed income support grant scheme. The Chancellor announced the new ‘self-employment income support scheme’ grant, at 5pm on Thursday 26th March 2020. Following this announcement HMRC published the detailed rules which can read in the below link to the HMRC website :- https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme The main points…

DSM Chartered Accountants – Business Coronavirus News update, 24th March 2020   1. Government updates and information for business :- The below links have the latest Government advice for businesses, following the PMs address at 8.30pm on 23rd March. https://assets.publishing.service.gov.uk/…/230320_-_Revised… https://www.gov.uk/…/guidan…/covid-19-support-for-businesses   2. Government support with tax and VAT liabilities :- VAT Return liabilities coming…

DSM Chartered Accountants – Business Tax News update, 19th March 2020 HMRC now have their dedicated covid-19 virus business ‘time to pay’ (TTP) helpline working, which is on telephone number 0800 0159 559. DSM are recommending businesses take this opportunity to help business cashflow over the coming uncertain months when the virus is expected to…

DSM Chartered Accountants – News on payroll guidance for employers & employees, 18th March 2020 If you have symptoms of the Covid-19 virus you have been advised by the UK Government to stay at home for 14 days if you live with others and for 7 days if living by yourself. Always check NHS websites…

DSM Chartered Accountants – News Release 18th March 2020 On the evening of 17th March 2020, the Government announced increased support for businesses and individuals, urgently required due to the Covid-19 virus outbreak. However the vital forms & systems to apply for this support are still being worked on by Government and they are saying…

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