Furlough and Company Accounts

All companies that have received furlough payments MUST file company accounts for these relevant years. HMRC will be checking payments have been made to active companies and that the relevant accounts for the period have been filed.

Work from home tax allowance

If anyone has had to work from home during the 20/21 tax year for even one day, HMRC are allowing you to claim £6 per week for every week as an allowable expense, saving the basic rate tax payer £62 in tax.

Furlough scheme

Furlough scheme – from 1st July staff can be furloughed part time on a daily basis instead of the current 3 week minimum furlough period.