Tag Archives: covid

Bounce Back Loan Scheme (BBLS) January 21 Update

Bounce Back Loan Scheme (BBLS) January 21 Update

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. Bounce Back Loan Scheme (BBLS) Many business owners are familiar with Bounce Back Loan since early 2020.  This scheme […]

HMRC Granted New Powers To Crack Down On Covid-19 Related Fraud

HMRC Granted New Powers To Crack Down On Covid-19 Related Fraud

Covid-19 related fraud is reportedly on the rise, with employers putting pressure on employees to continue to work when on furlough or businesses obtaining rates grants when not meeting the relevant conditions. HMRC is seeking to regulate its powers to deter deliberately incorrect claims through penalties and recover funds through self-assessment. It is expected that […]

COVID-19 And The Implications On UK Residency

COVID-19 And The Implications On UK Residency

Under the statutory residence test (SRT), an individual self-assesses whether they are UK resident and this is often by reference to a day count test (how many midnights are spent in the UK). Within the SRT is a let out for days where an individual finds themselves in the UK as a result of ‘exceptional […]