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Friday Roundup Podcast 28th August 2020

The news from the week ending 28th August 2020 Janet Jack – CEO Sarah Palmer – COO Simon Jordan – Marketing David Taylor – DNASix.com Below are the notes from the podcast On this week’s Friday Roundup we have… Simon Talks about our guests on this week’s coffee morning David Taylor – DNASix on the latest podcast too where you can

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Expect the unexpected – The David Taylor interview

Episode 10 of the IAB Podcast we interview David Taylor. In this podcast, we discuss ways to plan for the unexpected and in today’s world, this is vital. David is a business communications specialist with over 25 years’ experience of the media, gained from a career in journalism, in-house media relations, PR, marketing, social media training and digital consultancy. He

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OTS to review Capital Gains Tax

The Chancellor of the Exchequer has asked the Office of Tax Simplification (OTS) to carry out a review of Capital Gains Tax, in relation to individuals and smaller businesses. As well as looking at opportunities to simplify administration and the impact of technical issues, the review will explore areas where the present rules can distort behaviour or do not meet

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Mental health fears

One in three (38.6%) of finance professionals admit that they have struggled with their mental health over the past three months, according to a survey by CV-Library. Job security appears to be the biggest concern, with 54% of those working in finance worried about not being able to find a new job. A third (37.5%) of respondents are also worried

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HMRC reminding businesses of VAT obligations

HMRC is reminding firms that they need to reinstate cancelled direct debits for paying their VAT bills. At the start of the coronavirus pandemic HMRC gave businesses the option to defer VAT payments if they were unable to pay on time. They could do this without incurring late payment interest or penalties. Under the scheme, payment of VAT due between

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Take GAAPweb’s working from home survey

GAAPweb are conducting a survey about the challenges, benefits and everything between, of working from home during the global pandemic. There are just 22 questions. So, have you enjoyed the greater flexibility with working hours or can’t you wait to get back into the office? Maybe you have fallen in love video meetings! Help GAAPweb create a real picture of

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The tax system of the future?

The Government has published ‘Building a trusted, modern tax administration system’, which sets out HMRC’s 10-year vision for the future of tax administration. HMRC said the plan “will ensure we create a modernized, digital tax system that is underpinned by modern digital infrastructure and uses closer to real-time information to provide better targeted support – making it easier for businesses

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New business support website launched

The government has launched a new business support campaign. It brings a range of business advice and support into one place, from help with finance and business planning to export advice. For more information, visit www.businesssupport.gov.uk

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Changes to the CJRS from 1 September

From 1 September the Coronavirus Job Retention Scheme (CJRS) will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. Employees will still need to pay furloughed employees at least 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per

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