High Income Benefit Charge Catching You Out?

By Gary Robinson / June 5, 2022

Mistakes made when claiming higher rate child benefit are most frequently the result of poor communication from HMRC and it is more difficult for those with complex, fluctuating earnings The high income child benefit charge (HICBC) raised £416m in 2019-20 but it is a hard tax charge to administer as many of the families affected…

Read More

Furlough Update

By Gary Robinson / September 17, 2021

The CJRS is due to end on 30 September 2021. For claims relating to August and September 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.Claims for September must be submitted by 14 October 2021 and any amendments must be made…

Read More

HMRC Recovery £1 Bn of Furlough Fraud

By Gary Robinson / June 13, 2021

HMRC is set to recover over £1bn of fraudulent or mistakenly claimed furlough money over the next two years Chief executive at HMRC, Jim Harra predicted that the tax authority looks set to recover over £1bn from fraud related to the covid-19 support schemes over the next two years. At a Public Accounts Committee in…

Read More

National Living Wage and National Minimum Wage rise from 1 April

By Gary Robinson / April 4, 2021

Millions of workers in all parts of the UK will receive a pay increase from today as minimum pay rates rise, with the age threshold reduced to 23 year olds Around two million of the UK’s lowest-paid workers will benefit from an increase in National Living Wage and National Minimum Wage. The National Living Wage…

Read More

Five furlough changes you need to know about

By Gary Robinson / January 21, 2021

The government has now published its official guidance for the Coronavirus Job Retention Scheme, which has been extended until 30 April 2021. The long-awaited government guidance confirms many of the details surrounding the extended furlough scheme for employers. Overall, it outlines that despite the increase in flexibility that the extended scheme provides when compared to…

Read More

Claiming the Furlough From November 2020

By Gary Robinson / November 16, 2020

HMRC PUBLISHED DETAILS OF THE EXTENDED CJRS ON THE 10 NOVEMBER What you need to do for the claims – for periods from 1 November (HMRC email 10 November) Read the new guidance – go to GOV.UK and search ‘Extension to the Coronavirus Job Retention Scheme’ – to check if the clients’ employees are eligible.…

Read More

Cronavirus & the Winter Economy

By Gary Robinson / October 10, 2020

The Chancellor Rishi Sunak has announced a new package to keep the economy moving during winter, in spite of the coronavirus (Covid-19) pandemic. Measures include a new job support scheme, continuing reduced VAT rates, and additional time to pay deferred taxes. At a glance The Winter Economy Plan came as the government cancelled the Autumn 2020…

Read More

Tax Scams in the Pandemic

By Gary Robinson / October 8, 2020

A Freedom of Information request from the firm has revealed taxpayers reported 9,948 Covid-related scams to HMRC between January and June. Activity peaked in May, with 5,048 incidents explicitly mentioning Covid, then proceeded to fall by over 55% to 2,495 in June. The total number of all phishing scams reported to HMRC was 44,777 in…

Read More

Kickstart Scheme

By Gary Robinson / September 7, 2020

You can use the Kickstart Scheme to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. The job placements should support the participants to develop the skills and experience they need to find work after completing the scheme. Funding is available for 100% of…

Read More

Coronavirus Job Retention Scheme Compliance Letters

By Gary Robinson / August 30, 2020

The first wave of compliance letters regarding the Coronavirus Job Retention Scheme (CJRS) were issued last week as HMRC moves into the post transaction review phase of the scheme. The first batch of letters started to land on doormats from Wednesday 18 August. HMRC will be asking questions where they have concerns over the validity…

Read More