The interest rates of HMRC and base rates of the Bank of England are linked to each other, and hence on 16th December 2021, the increase in the base rate from 0.1% to 0.25% has resulted in an increase in rates for delayed payments. On December 27th, 2021 this rate…
The questions were raised by many that what should an employer or their agent do if there will be over or under claims due to an error when reviewing CJRS claims. Can they simply offset one against the other so they only had to repay any net over-claim to HMRC?…
To help the working families, BEIS has launched a new online tool that will help to make the most of the Shared Parental Leave and Pay Scheme. The tool will help parents to check whether they are eligible for the scheme and if yes, then how many weeks of Shared…
Under the new proposals, the UK workers will have more choice over when and where they work which should make the right for a flexible working a day one entitlement. The government is also planning to cover one weeks’ unpaid leave by introducing a day one right that will help…
Nowadays, there are scammers claiming to represent HMRC so HMRC has urged taxpayers to stay alert to the threat of digital scams. As per the latest research published by HMRC, the numbers have doubled of tax-related scams in the past 12 months. HMRC has received more than one million…