PAYE will be payable by direct debit to HMRC

Functionality to allow employers to set up a recurring direct debit to pay PAYE and national insurance liabilities will launch early in October. A variable payment plan for PAYE and NIC liabilities would be introduced from 19 September 2022. However, there have been...

Claiming tax reliefs for electric cars

First year allowances currently provide an incentive for businesses to replace existing cars with electric versions. For around 20 years, first year allowances (FYAs) have been available for low emission cars purchased for business use. The current rules enable tax...

Business Mileage Rates

Following some confusion over the tax status of business mileage rates, the government has confirmed that tax-free payments are capped at 45p per mile The government has clarified that under the approved mileage allowance payment (AMAP), businesses cannot reimburse...

Government grants and SSP rebate scheme for businesses hit by Covid

The Chancellor has announced a £1bn support package including grants for the hospitality sector and a sick pay rebate scheme as omicron variant spreads Businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per...

Statutory sick pay notifications temporarily changed

The reporting requirements for statutory sick pay (SSP) have been changed temporarily due to the latest covid situation Between 10 December 2021 and 26 January 2022 employers cannot ask employees for proof of sickness until the absence has lasted for 28 days or more....

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