Author Archives: SercoAdmin

Important news about the hospitality sector

VAT Reduction As many of you may already be aware, on 8 July 2020, the government announced a six-month reduction in the VAT rate on supplies of food and non-alcoholic drinks from restaurants, pubs, bars and cafés, as well as to supplies of accommodation and admission to tourist attractions. What does this mean? VAT registered […]

Posted in Client Information, COVID-19, VAT |

An Update On The Coronavirus Job Retention scheme

The government has announced that the Coronavirus Job Retention Scheme will close on 31 October 2020. From 1 July, there will be changes to the CJRS allowing employers to bring back furloughed staff on a part-time basis, while still being able to claim a CJRS grant for their normal hours NOT worked. The scheme will […]

Posted in Client Information, COVID-19 |

Coronavirus (COVID-19) Update

Posted in COVID-19 |

COVID-19: Advice for self-employed and small businesses

Posted in COVID-19 |

COVID-19: Advice for UK Employers

Posted in COVID-19 |

COVID-19: Time to pay arrangements

Posted in COVID-19 |

Important RTI Update

Under the new RTI system all businesses are required to submit PAYE details to HMRC online every time they pay an employee. HMRC has now extended the date that they will start applying late filing penalties from April 2014 to October 2014. All employers must ensure their RTI submissions are up-to-date and accurate by October and continue to submit payroll information […]

Posted in Client Information, Payroll |

Workplace pensions changes

Workplace pensions law has changed. With a little preparation, small business owners can ensure a smooth transition into the pension auto-enrolment scheme.

Posted in Client Information, Payroll |

High Income Child Benefit Tax Charge

You may have to pay a tax charge on your Child Benefit if: Your individual income is over £50,000; and Either you or your partner received Child Benefit on or after 7th January 2013 (this also applies if someone else gets Child Benefit for a child living with you and they contribute at least an […]

Posted in Self-Assessment |

What to do if you can’t pay your tax bill on time

HMRC’s Business Payment Support Service may be able to arrange a payment plan for you.

Posted in General Information, Limited Companies, New Clients & Business Start-Ups, Payroll, Self-Assessment, VAT |