Monthly Archives: March 2021

HMRC published the following press release on Valentine’s Day 2021. HMRC is encouraging married couples and people in civil partnerships to sign up for a tax break this year. Marriage Allowance offers individuals the chance to transfer part of their Personal Allowance to their husband, wife or civil partner, which could reduce their tax by…

Employed persons If your employer requires that you work from home, this will apply to many employees during the various COVID lock-down periods, HMRC will allow you to claim for any extra costs associated with working from home. To save you calculating what these extra costs might be, HMRC has agreed a claim based on…

COVID-19 related support measures for UK businesses The Treasury is to continue the two existing major support schemes in an attempt to hold back a significant increase in unemployment rates as business owners grapple with the effects of COVID-19 disruption. Details are set out below. Coronavirus Job Retention Scheme This scheme, nicknamed the Furlough Scheme,…

More than a third (34.3%) of FTSE 350 board positions are now held by women, with the number of women on boards increasing by 50% over the last 5 years, data released today (Wednesday 24 February) shows, representing a dramatic shift in representation at the very highest levels of British business. The data has been…

There is no guarantee that the heady mix of vaccination and easing of lockdown will contain the spread of COVID-19. However, based on government predictions, they are willing to start the process of easing lockdown restrictions. The relaxation of restrictions will depend on four tests. They are: The vaccine deployment programme continues successfully. Evidence shows…