Guryel & Co

Employment law changes coming in April 2021

Need to know the details of the seven crucial employment law changes coming this April? Read Croner-i's article here.

http://bit.ly/3tAcsbP

We have put together the key points from today’s Budget announcement. Read or download it from here:
https://guryel.co.uk/Budget2021.pdf

Off payroll working – IR35 changes to be implemented April 2021

What changes are due to IR35 from Spring 2021? Read Croner-i's article to find out.

https://bit.ly/3u3Ykso

HMRC to waive self assessment penalties for one month

Self assessment taxpayers will not receive a penalty for their late online tax return if they file by 28 February, HMRC chief executive Jim Harra has announced.

Read the article here: http://bit.ly/36uKXrh

risks £26bn losses from bounce back

defaults and fraud could result in potential losses of £15bn to £26bn for the government’s Bounce Back Loan scheme, the National Audit Office (NAO) is warning

Read more: https://bit.ly/3luFRAo

Taxes are high by historical standards accounting for over a third of GDP at 34.4%, increasing almost 7% from the 1950s. Daily has the full story. https://www.accountancydaily.co/uk-taxes-highest-1950s

is looking at £612m in questionable research and development tax relief underpayments claims by large UK businesses. Showing that businesses need to be careful when claiming R&D tax reliefs to avoid potentially expensive and unnecessary tax disputes.

Wholesales suppliers have claimed the top spots on latest quarterly list of deliberate tax defaulters paying over £1m in penalties for unpaid tax. Grocery shops and fast food outlets are among the businesses that have been ‘named and shamed’ owing £13m.