Businesses could face unexpected tax bills because of CJRS

Businesses could face unexpected tax bills because of CJRS

Have you set money aside to deal with tax on support grants? HMRC has highlighted that all money paid for test and trace or self-isolation payments in England, Scotland or Wales are taxable, as are Coronavirus Statutory Sick Pay Rebates. The Coronavirus Business...
CIS Retentions

CIS Retentions

CIS Retentions Retentions within the construction industry refer to a portion of the payment that is withheld by the contractor from the subcontractor until the completion of the project or until certain conditions are met. This practice is intended to ensure that...