You can still offer your employees without physically being together. HMRC allows an exemption where an employer hosts an annual event. This doesn’t have to be at Christmas, it could be held at any time of year.
You can enjoy giving gifts to your employees with the trivial benefits rules. For a gift to be trivial, and therefore exempt from Income tax and NICs for both the employer and employee it needs to meet a few conditions.
The transition period & new procedures for importing from and exporting to EU countries comes into force on the 1st January 2021. This will mean changes to the way you import and export from this date.
The government has announced that business premises forced to close due to local or national restrictions are to receive grants worth up to £3,000 a month under the local restrictions support grant (closed).
If you have to work at home on a regular basis, either for all or part of the week, including fi you have to work from home because of COVID-19, you may be able to claim some tax relief through HMRC.
On 5th November 2020, Chacnellor Rishi Sunak announced that as part of the new national lockdown the CJRS (Coronavirus Job Retention Scheme) has been extended until 31st March 2021.
Self Assessment customers can now apply online to spread the cost of their tax bill into monthly payments without the need to call HMRC.