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More useful links and info for you

Covid update 10. More links & info

HMRC just sent this to tax agents. It has new links that are very useful;

 

“We understand COVID-19 is creating difficult times for all. Instead of our usual Agent Update, we have decided to send this email to highlight changes to existing MTD related information that you may need at this time.

COVID-19 guidance on GOV.UK

All HMRC COVID 19 guidance is included on GOV.UK as part of the Government’s response to COVID 19 at: https://www.gov.uk/coronavirus

Specific guidance for businesses and employers is at: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19

Digital links

We’re providing MTD businesses with more time to put in place digital links between all parts of their functional compatible software. It’s important for businesses to note that despite this relaxation they still need to ensure they are keeping digital records, submitting VAT returns via API enabled software and maintaining all digital links they currently have in place.

All businesses now have until their first VAT return period starting on or after 1 April 2021 to put digital links in place. This is published on GOV.uk in paragraph 4.2.1.1 of VAT Notice 700/22: https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat

VAT payment deferral

We emailed our agent distribution list about this on Friday 27 March.  If your clients want/need to defer payment you still need to file a return. There’s no need to apply for the deferral BUT Direct Debit payers will need to cancel their mandate in time to avoid HMRC requesting payment. You can find GOV.UK guidance here: https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19

Evaluation of the rollout of MTD for VAT

The Government has published a comprehensive evaluation of the rollout of Making Tax Digital for VAT, undertaken before the onset of COVID-19. This responds to requests from stakeholders to review the roll-out of MTD for VAT before the government decides on the next phases of MTD. You can view the assessment here: https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital

HMRC is committed to helping businesses facing unprecedented challenges.

 

Please stay safe.

Customer Readiness & External Stakeholder Team”

 

Useful new link; https://www.gov.uk/business-support-helpline

Find Business Support Scotland
Telephone: 0300 303 0660

 

…and here: https://findbusinesssupport.gov.scot/

Coronavirus (COVID-19) Job Retention Scheme Useful links The Chancellors statement https://www.gov.uk/government/speeches/the-chancellor-rishi-sunak-provides-anupdated-statement-on-coronavirus
Coronavirus Job Retention Scheme https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-jobretention-scheme
Statutory Sick Pay (SSP): employers guide https://www.gov.uk/employers-sick-pay
IR35 https://www.gov.uk/guidance/understanding-off-payroll-working-ir35
PAYE scheme https://www.gov.uk/paye-for-employers
Limited Liability Partnerships (LLP) https://www.gov.uk/government/publications/life-of-a-limited-liability-partnership/lifeof-a-limited-liability-partnership-gpllp3
Contingent workers https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-jobretention-scheme#guidance-for-specific-customers
National Minimum Wage and National Living Wage rates https://www.gov.uk/national-minimum-wage-rates
2 Coronavirus (COVID-19): advice for employers and employees https://www.acas.org.uk/coronavirus
HMG business support https://www.businesssupport.gov.uk/coronavirus-business-support/
HMRC extra support https://www.gov.uk/dealing-hmrc-additional-needs
COVID-19: support for businesses https://www.gov.uk/government/publications/guidance-to-employers-andbusinesses-about-covid-19/covid-19-support-for-businesses
COVID-19: guidance for employees, employers and businesses https://www.gov.uk/government/publications/guidance-to-employers-andbusinesses-about-covid-19
Coronavirus (COVID-19): what you need to do https://www.gov.uk/coronavirus
Guidance for businesses in Scotland https://www.gov.uk/guidance/coronavirus-covid-19-information-for-individuals-andbusinesses-in-scotland
Guidance for businesses in Wales https://www.gov.uk/guidance/coronavirus-covid-19-information-for-individuals-andbusinesses-in-wales#business-support-helplines
Guidance for businesses in Northern Ireland https://www.gov.uk/government/news/covid-19-guidance-information-for-nibusinesses-employers#businesses