Rishi Sunak Support Plans

The Chancellor Rishi Sunak today outlined additional government support to provide certainty to businesses and workers impacted by coronavirus across the UK. The package includes a new Jobs Support Scheme to protect millions of returning workers, extending the Self...

CORPORATE CRIMINAL OFFENCE

This is scary. HMRC have asked us to bring this to your attention.   Background The Corporate Criminal Offences (CCOs) for the failure to prevent the facilitation of tax evasion were introduced by Part 3 of the Criminal Finances Act 2017. It has been based on its...

HMRC & TAX UNDERPAYMENT NOTICE

    Terry Gower a past hard working SPA treasurer has asked me to bring the following to your attention.   I have had 3 different Clients whose employees are receiving a tax underpayment notice from HMRC which are not underpayments but a failure by HMRC to...
SEISS and the long-term status of the self-employed

SEISS and the long-term status of the self-employed

By Howard Gross, Society of Professional Accountants chairman The self-employed income support scheme (SEISS) has been vital for many sole traders and individuals operating in partnerships during the coronavirus pandemic, but how many considered the potential...
Life after the furlough scheme

Life after the furlough scheme

By Paul Weber, Society of Professional Accountants board member The end of the furlough scheme is nigh. Chancellor Rishi Sunak admits it “cannot and should not go on forever” and will be phased out completely by 31 October 2020, barring a second spike in the number of...