ICB’s Payroll Policy Advisor, Ian Holloway of i-Realise, breaks down nearly 300 payroll acronyms and terms.
Clare started her career by working as a web developer and after several years, she landed what she then considered her dream job as a systems analyst for the NHS.
The UK government has asked HMRC to show leniency when collecting unpaid taxes from companies struggling to cope with Covid-19-induced debt.
HMRC has revealed almost 800,000 employees working from home during the pandemic have now claimed tax relief on household related costs since April.
According to official figures, reports of HMRC-branded phishing scams have jumped from 572,029 to over one million (1,069,522) in the last year alone.
The businesses rates system in England will be made fairer and more streamlined with more frequent property revaluations, under proposals unveiled by the government in late June.
HMRC has opened nigh on 13,000 investigations into suspected fraud and other breaches of the Covid-19 support schemes, according to law firm BLM.
Full furlough relief, business rates exemptions and VAT deferrals all ended on 1 July, creating what many business groups are calling a new flashpoint for SMEs.
Further lockdowns are the number one worry for the owners and directors of UK SMEs, but 53% are cautiously optimistic about the year ahead.
ICB's Director of Technical Policy, Jacquie Mount C.FICB, summarises HMRC's consultations and ICB's response.
© 2021 The Institute of Certified Bookkeepers