If employees are to avoid paying fuel benefit they need to fully reimburse their employer for the cost of private fuel by 6 July 2021 for the 2020/21 tax year.
For the months of August and September, the CJRS Furlough grant support from the government via HMRC reduces to 60% of the employee’s usual pay for hours not worked.
The fifth SEISS grant is now available for the self-employed to claim before 30 September 2021. HMRC will contact those traders that may be eligible with their claim date.
HMRC are urging businesses to look out for the use of mini-umbrella companies (MUCs) to pay contractors supplying their labour via agencies and other intermediaries.
A restaurateur from Warwickshire has been banned for five years after he underreported the business’s takings to avoid paying the correct tax.
If you own a rental property, there are a few recent updates you might find useful regarding Rent a Room relief and your tax affairs.