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HMRC publishes new rates for employees’ electric cars

HMRC publishes new rates for employees’ electric cars

Employees with electric vehicles as company cars have seen a change in the rates they can claim for mileage allowance since September 1, but HMRC has updated the guidance on October 6 about how these new rates need to be apportioned for each journey. The previous...
Beware of trading when your company is insolvent

Beware of trading when your company is insolvent

Continuing to trade while your company is technically insolvent could lead to big problems for the directors, as it could lead to limited liability no longer applying, and leave them on the hook personally for outstanding debts. A company would be considered insolvent...
Voluntary repayment window for Covid grants opens

Voluntary repayment window for Covid grants opens

Individuals and businesses that received Covid payments they weren’t entitled to have until December to pay back any money owed under a voluntary repayment scheme. This period offers the grace of a ‘no questions asked’ solution for people to repay any grants they...