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Changes to EMI working time arrangements

02 Sep, 2020

Temporary changes to EMI working time arrangements will ensure that individuals who are furloughed or who have their working hours reduced below the current statutory working time requirement for EMI as a result of coronavirus (COVID-19) will retain the tax advantages of the scheme. These changes will apply for a limited period and will have effect from 19 March 2020 until 5 April 2021.

New payments for people self-isolating

02 Sep, 2020

The government has announced the launch of a new trial scheme that will pay people on low incomes who need to self-isolate and are unable to work from home. The trial will start in Blackburn, Darwen, Pendle, and Oldham to ensure the process works. The trial scheme started on Tuesday, 1 September 2020. The scheme is then expected to be rolled out in other areas of England with high coronavirus infection rates.

Changes to VAT partial exemption

02 Sep, 2020

HMRC has updated its guidance on the VAT partial exemption treatment relevant to businesses who supply goods by way of hire purchase agreements. A policy paper entitled Revenue and Customs Brief 8 (2020): change to partial exemption VAT treatment was first published on 10 June 2020 and updated on 20 August 2020.

The policy paper was released following the Court of Justice of the European Union (CJEU) judgment C-153/17 Volkswagen Financial Services (UK) Ltd.

Kickstart scheme officially launched

02 Sep, 2020

The new £2 billion Kickstart scheme that was announced as part of the Summer Economic update by the Chancellor, Rishi Sunak was officially launched by the government on 2 September 2020. The scheme is intended to create hundreds of thousands of high-quality 6-month work placements aimed at those aged 16 to 24.

Tax and divorce

02 Sep, 2020

When a couple is in the process of becoming separated or divorced it is unlikely that they are thinking about the tax implications of doing so. However, it is important that the tax consequences of the break-up are properly considered.

Lost your tax reference number?

02 Sep, 2020

Your unique taxpayer reference (UTR) is the primary identifier for tax purposes. The number is also sometimes known as your taxpayer number or tax reference number and should be used whenever you contact HMRC or when you file your tax returns.

Government legal department numbers open to fraud

02 Sep, 2020

The Government Legal Departments (GLD) is warning that its general enquiry number (020 7210 8500) and switchboard number (020 7210 3000) are being used by fraudsters to try and extract money from members of the public.

Vehicles parked on pavements

02 Sep, 2020

An ongoing issue for motorists is the need to have two tyres on the pavement to avoid unduly restricting road space for wider vehicles and emergency services in narrow streets.

Unfortunately, this can have knock on effects for parents with buggies or disabled vehicles that need to use these pavement areas.

To address these issues the Government has launched a consultation. In their recent press release on this issue the Department for Transport said:

Property income split for couples

02 Sep, 2020

As a general rule, the fall-back position for couples who live together with their spouse or civil partners is that property income - where the property is owned in joint names - is divided 50:50. This is regardless of the actual ownership structure. However, where there is unequal ownership and the couple want the income taxed on that basis a notification must be sent to HMRC together with proof that the beneficial interests in the property are unequal. This is done using Form 17 published by HMRC.

Travel to EU after 1 January 2021

01 Sep, 2020

A reminder, if one was needed, is that we seem to be heading for a no-deal Brexit from 1 January 2021. One of the issues we will all have to confront is the raft of regulation that we will need to observe from this date if travelling to the EU and certain affiliated territories.

The latest advice on the GOV.UK website says:

Travel to the EU, Switzerland, Norway, Iceland or Liechtenstein will change from 1 January 2021. Things you may need to do before you go include:

Redundancy factsheets for employers and employees

27 Aug, 2020

The government has published two factsheets on redundancy, one for employers and one for employees. 

Access to Work scheme extended to working from home

27 Aug, 2020

The government has announced that disabled workers who are working from home during the coronavirus pandemic can now benefit from financial support following an extension to the Access to Work scheme. 

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