HMRC is helping with childcare costs

HMRC is reminding the families who are eligible for Tax-Free Childcare that they can avail the scheme that will help with their childcare costs. The families who are eligible can save the childcare money and benefit from a government top-up that will be up to £2,000 every year and up…

Furlough payments are given back to HMRC by businesses

The figures were released on 21st September shows that the business that no longer requires payments received under Coronavirus Job Retention Scheme and the businesses who have over-claimed it has returned the payments. The reports by Treasury suggest that £1.3 billion in furlough payments has been returned by businesses from…

End of temporary insolvency measures

To support businesses from insolvency during the pandemic, temporary measures have been brought in earlier and will be phased out from 1 October. Small businesses and companies in financial disaster due to pandemic were protected from creditors since June 2020 through the Corporate Insolvency and Governance Act 2020. New measures…

Deadline to claim Child Benefit

You will need to inform HMRC until 31st August to claim the child benefit. Kindly use the online service portal and fill-up the form to submit your request. Govt gateway ID and password is required to use the online service portal. You can create a new login if you do…

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