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National Insurance Contributions Increased From 6 April 2022

Rates of NI Contributions have increased by 1.25 % from 6 April 2022.

CJRS: Changes to The Grant from 1 July 2021

If you are preparing your July 2021 payroll and you claim CJRS grants, please remember the following changes: In July 2021: employers can...

HIGHLIGHTS | Budget 2021

The Chancellor of the Exchequer presented his Budget to Parliament on Wednesday 3 March 2021. Budget 2021 sets a path for recovery...

COVID-19 | VAT Deferral New Payment Scheme

If you deferred payment of VAT between 20 March and 30 June 2020, your deferred VAT becomes due on 31 March 2021.

Government support during lockdown 3

2021 has started out with the announcement of further lockdown that will have an impact on many businesses across the country.

CJRS | Claimants information made public

Irina Inayat | Penn Accounts | HMRC have confirmed that the details of employers claiming extended CJRS from December 2020 will be published

Brexit Transition | Are you prepared?

Irina Inayat | Penn Accounts | We are in the middle of Brexit transition and the time is running out. There are several new rules for...

CJRS Extension | Scheme Highlights

Irina Inayat | Penn Accounts | Coronavirus Job Retention Scheme has now been extended from 1 November 2020 till 31 March 2021. The governmen

Coronavirus Job Retention Scheme BONUS WITHDRAWN on 05th November 2020

Irina Inayat | Penn Accounts | CJRS Bonus of £1000 per eligible employee who was furloughed was supposed to be claimed by employers after...

CJRS | Deciding the length of your claim

Irina Inayat | Penn Accounts | September is the first month when employers will not be receiving the full amount of 80% of...

CJRS | Errors and Fraudulent Claims

Irina Inayat | Penn Accounts | Under the new legislation, HMRC have the power to investigate erroneous and fraudulent CJRS claims.