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COMPANIES HOUSE TO RESTART THE VOLUNTARY STRIKE OFF PROCESS

In March 2020, CH introduced temporary easement measures to suspend voluntary strike off action in response to coronavirus (COVID-19) and they have reviewed these measures each month.

Following the July review, this temporary measure will be lifted from 10 September 2020. From this date, CH restart the process to dissolve companies that have applied for voluntary dissolution.

If you’ve filed an application to strike off your company (DS01)

On 10 September 2020 CH restart the process of removing your company from the register.

You may have received a letter from Companies House stating that your company will be struck off within 2 months if no objections are received, but your company is still listed on the Companies House register.

CH may have suspended strike off action because they have received an objection to your application for strike off, or this could be due to the temporary measures to suspend voluntary strike off action during the coronavirus outbreak.

When voluntary strike off action restarts from 10 September – if there are no objections to dissolution and the 2-month period from the publication of the Gazette notice has expired, your company will be struck off shortly afterwards.

Objections to a strike off application

Any person with an interest in a company which is nearing strike off should register an objection to dissolution at Companies House. If you’ve already registered an objection, but the time period for that objection is due to expire – you’ll need to register your objection again if it’s still required.

When CH receive an objection to strike off, they will respond to advise whether the objection has been accepted or rejected. Every response will give a deadline and if they receive no further evidence that action is progressing by that date, they will resume the process to remove the company from the register.

It’s important to send any objection to CH as early as possible after publication of the Gazette notice and at least 2 weeks before the notice expiry date.

Applications from 10 July 2020

If you’re going to file an application to strike off your company from today onwards, these changes will not affect your company. The easements for voluntary dissolution apply to applications for strike off registered at Companies House before 10 July 2020.

If your application is acceptable, it will be registered, and a notice published in the Gazette. If there are no objections to the dissolution, your company will be struck off in around 2 months’ time.

Compulsory strike off

The compulsory strike off process is still paused. CH continue to review this measure on a monthly basis and publish any changes on our website.

See: https://www.gov.uk/government/news/companies-house-to-restart-the-voluntary-strike-off-process?utm_source=f1abe436-0adb-4789-aca7-3ff51e3f0fe5&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

Eat out to help out logo

Eat Out to Help Out

Restaurants and other establishments serving food for on-premises consumption can now sign up to a new government initiative aimed at protecting jobs in the hospitality industry and encouraging people to safely return to dining out.

The Eat Out to Help Out registration service went live on the 13th of July on GOV.UK, allowing businesses to join the scheme.

Restaurants, bars, cafes and other establishments who use the scheme will offer a 50% reduction, up to a maximum of £10 per person, to all diners who eat and/or drink-in throughout August.

Customers do not need a voucher as participating establishments will just remove the discount from their bill. Businesses simply reclaim the discounted amount through an online service, supported by HM Revenue and Customs (HMRC). Claims can be made on a weekly basis and will be paid into bank accounts within five working days.

The scheme is open to eligible establishments across the UK and can be used all day, every Monday to Wednesday, between 3 and 31 August 2020.

For details on how the scheme works see: https://www.gov.uk/guidance/register-your-establishment-for-the-eat-out-to-help-out-scheme?utm_source=4783ef6b-1939-4072-8311-f58a0a39e451&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

The Government has provided marketing resources for the Eat Out to Help Out scheme. There are posters, images and other promotional materials for use by establishments who are taking part in the Scheme.

See: https://www.gov.uk/government/publications/eat-out-to-help-out-scheme-promotional-materials?utm_source=eca9b856-2878-4866-8cd8-8cca1cba1c39&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediat

Cup of coffee and laptop

Another Furlough Update

CORONAVIRUS JOB RETENTION SCHEME (CJRS) UPDATE.

From 1st July “Flexible Furlough” was introduced and the calculations and time recording of full-time, part-time and fully furloughed employees has become more complicated.

Changes are occurring regularly as the Government and HMRC make clarifications to the scheme. If you have any queries regarding your claim talk to us first.

The latest changes are outlined below:

Steps to take before calculating your claim using the Coronavirus Job Retention Scheme

Wording has been added to make it clear that HMRC will not decline or seek repayment of any grant based solely on the particular choice between fixed or variable approach to calculating usual hours, as long as a reasonable choice is made

See: https://www.gov.uk/guidance/steps-to-take-before-calculating-your-claim-using-the-coronavirus-job-retention-scheme?utm_source=e431e0b9-f22e-4543-b2b9-01c631e87961&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

HMRC has issued further guidance on the CJRS Individuals you can claim for who are not employees:

You can claim a grant for individuals who are not employees – as long as they’re paid via PAYE. The groups you can claim for include:

  • office holders (including company directors)
  • salaried members of Limited Liability Partnerships (LLPs)
  • agency workers (including those employed by umbrella companies)
  • limb (b) workers
  • Contingent workers in the public sector
  • Contractors with public sector engagements in scope of IR35 off-payroll working rules (IR35)

Individuals who are paid through PAYE but not necessarily employees in employment law, can continue to be furloughed from 1 July as long as you have previously submitted a claim for them for a furlough period of at least 3 weeks between 1 March and 30 June 2020.

See: https://www.gov.uk/government/publications/individuals-you-can-claim-for-who-are-not-employees?utm_source=1cc1078c-073c-45c9-a179-daa90bd46bb3&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

Paying employee taxes and pension contributions

There is also an update on ‘Paying employee taxes and pension contributions’ section and added wording to section on employee rights to make it clear that you can continue to claim for a furloughed employee who is serving a statutory notice period.

See: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme?utm_source=0d23eb32-d558-4713-ba3e-58ea7cf51edb&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

The process HMRC is developing to recover overclaimed grant amounts through the tax system

Information has been added about the process HMRC is developing to recover overclaimed grant amounts through the tax system.

If you have made an error in a claim and do not plan to submit further claims, you should contact HMRC to let them know about the error and find out how to pay back any overclaimed amounts. Once you have contacted HMRC you will be given a payment reference number and directed to make a payment.

The Government are introducing legislation to recover overclaimed grant amounts through the tax system. If you repay any overclaimed grant amounts back through the above methods then this will reduce or, if the full amount is repaid, prevent any potential tax liability under that legislation. Further guidance on this will be issued in due course.

If you have made an error that has resulted in an underclaimed amount, you should contact HMRC to amend your claim. As you are increasing the amount of your claim, they need to conduct additional checks.

See: https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme?utm_source=5334b049-902e-4fdd-bfc2-9a7c1c222c4c&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

Pizza

VAT – REDUCED RATE OF 5%

VAT – REDUCED RATE OF 5%

The government made an announcement on 8 July 2020 allowing VAT registered businesses to apply a temporary 5% reduced rate of VAT to certain supplies relating to:

  • hospitality
  • hotel and holiday accommodation
  • admissions to certain attractions

The temporary reduced rate will apply to supplies that are made between 15 July 2020 and 12 January 2021.

clinking beer glasses

Hospitality

If you supply food and non-alcoholic beverages for consumption on your premises, for example, a restaurant, café or pub, you’re currently required to charge VAT at the standard rate of 20%. However, when you make these supplies between 15 July 2020 and 12 January 2021 you will only need to charge 5%.

You will also be able to charge the reduced rate of VAT on your supplies of hot takeaway food and hot takeaway non-alcoholic drinks.

More information about how these changes apply to your business can be found in Catering, takeaway food (VAT Notice 709/1). See: https://www.gov.uk/guidance/catering-takeaway-food-and-vat-notice-7091

Hotel bed

Hotel and holiday accommodation

You will also benefit from the temporary reduced rate if you:

  • supply sleeping accommodation in a hotel or similar establishment
  • make certain supplies of holiday accommodation
  • charge fees for caravan pitches and associated facilities
  • charge fees for tent pitches or camping facilities

More information about how these changes apply to your business can be found in Hotels and holiday accommodation (VAT Notice 709/3). See: https://www.gov.uk/guidance/hotels-holiday-accommodation-and-vat-notice-7093

VAT on admission charges to attractions

If you charge a fee for admission to certain attractions where the supplies are currently standard rated, you will only need to charge the reduced rate of VAT between 15 July 2020 and 12 January 2021.

However, if the fee you charge for admission is currently exempt that will take precedence and your supplies will not qualify for the reduced rate.

This applies to:

  • shows
  • theatres
  • circuses
  • fairs
  • amusement parks
  • concerts
  • museums
  • zoos
  • cinemas
  • exhibitions
  • similar cultural events and facilities

Examples of where the reduced rate may apply could be attractions such as:

  • a planetarium
  • botanical gardens
  • studio tours
  • factory tours

More information about how these changes apply can be found in VAT: Admission charges to attractions.

See: https://www.gov.uk/guidance/vat-on-admission-charges-to-attractions?utm_source=b70c8e4c-efcb-4e66-a3aa-6dbc482ad5f6&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

Pictures of Rishi the UK's chancellor

What does Rishi’s mini budget mean for you?

We spent a large part of yesterday afternoon listening and reflecting on the budget update from the chancellor. In this blog, we will take you through what this actually means for you.

If you furloughed a member of staff you probably received this excellent summary from the government of the changes being announced. (It’s probably the best overall summary of the changes and worth a read)

  • Temporary reduction, until 31st March 2021, in stamp duty so that houses under £500k are exempt
  • The Eat Out To Help Out Scheme across August for participating restaurants
  • Temporary VAT reduction
  • Incentives to help young people into the workforce through apprenticeships and traineeships

The COVID-19 Job Retention Scheme or as most of us know it… Furloughing.

It was announced back in May that the scheme would stay open until the end of October. However, from August, employers will be asked to pay some of the costs of Furlough. Which is why we are now seeing daily announcements of large-scale redundancies from businesses.

The good news is that government is now incentivising companies to bring back their furloughed staff and keep them until at least Jan 2021. For every furloughed member of staff, you bring back to work, continuously employ and pay over an average of £520 a month for Nov/Dec/Jan, the government will give your business £1000. We are currently assuming this also applies for any directors who you have furloughed in this time.

The money will be granted once you have submitted your payroll RTI submission for January 2021. This could be a very welcome cash bonus for many businesses.

VAT changes for eat in/takeaway food, hospitality and leisure (just not alcohol)

Of course, we wholeheartedly applaud the reduction in VAT to 5% for these categories from July 15th to 12th Jan 2021. The accountant in us would have preferred the reduction to take place at the beginning or end of a month, but that’s just life!

If you sell or buy products which benefit from this VAT reduction, please get in touch to discuss how to administer/account for the VAT reduction.

For example:

  • Setting up a 5% VAT category in your accounting software
  • Negotiating with suppliers to check they are passing on the VAT reduction
  • Changing your prices for impacted goods or services if you previously quoted inclusive of VAT
  • Checking any auto publishing rules into your accounting software take account of the new VAT rate
child with paint on hands

18 tips to successfully juggle working from home with the kids

Thousands of parents have been juggling two to three full-time jobs for the past 11 weeks now: their normal job, 24/7 childcare, and for some, becoming a teacher. With the recent news of schools not reopening now until later this year, it’s looking like this won’t be ending any time soon either.

As if this wasn’t painful enough, the Coronavirus has also piled on other stresses and worries whether financially, medically, technologically or logistically, all of which are just adding to the challenge of making it through this period unscathed.

To help try and ease some of this pressure for parents, this article outlines essential tips that can make working from home with children just that little bit easier.

  1. Designate a place at home as your “office” and create your ideal workspace.
  2. Set boundaries with your children when it comes to your workspace and your work time.
  3. Create a new daily routine that satisfies your work needs and your family needs.
  4. Plan ahead as tasks and projects are likely to take longer.
  5. Be flexible with your schedule as some days your children will need you more (if you plan ahead, this will be easier).
  6. If you have young children, capitalise on naptime. Save the deep-thinking stuff for these moments so that you can work smarter, not harder.
  7. Communicate more than you think you need to with your family and your colleagues. Everyone will understand and will be compassionate if you just communicate.
  8. Create a list of ‘special activities’ with your children that they can only do in your work time. It will give them something to look forward to and keep them occupied while you work.
  9. Communicate with the school so that they can help you prioritise the most important learning areas. If you triage these, it eases the pressure for everyone.
  10. Do some ‘emergency drills’ to teach your children how they should behave when you’re on an important phone call or video call.
  11. Reward good behaviour by offering incentives such as a pizza night or extra screen time and deter bad behaviour by revoking these privileges.
  12. Share household chores to reinforce this ‘we’re all in this together’ mentality. It will make your children feel valued and it will take a lot of pressure off of you.
  13. Take shifts with your partner if possible. You can work the first half of the day while they are in charge of schooling and around lunchtime, you can switch.
  14. Don’t expect to work at your normal capacity as this is a very stressful time for everyone. Plan ahead with work and give yourself extra time to complete tasks. This will set you up for success rather than failure.
  15. Take regular breaks to switch off from work so that you can go back refreshed and renewed with energy. This will make you more productive.
  16. Accept that spare time for your children will probably mean more screen time. This is not the end of the world so try to not feel guilty. Let them know that this privilege is only temporary and make the most of it to get your work done.
  17. Exercise together often, especially in the mornings. If you do a P.E. session with your children in the mornings, they’ll be able to sit for longer periods to focus on their school work.
  18. Be kind to yourself and pat yourself on the back for a job well done. Juggling work with 24/7 childcare and schooling is challenging to say the least so remind yourself that it doesn’t have to be perfect, it just needs to be good enough.

Businesses Need To Reinstate VAT Direct Debits

The deferral of VAT payments due to coronavirus comes to an end on 30 June and businesses need to take action to reinstate their direct debit mandates.

The Institute of Chartered accountants in England and Wales (ICAEW) Tax Faculty has reminded its members.

The VAT payment deferral means that all UK VAT-registered businesses have the option to defer VAT payments due between 20 March and 30 June 2020 until 31 March 2021.

However, ICAEW is reminding businesses that they need to take steps to reinstate their direct debit mandates so that they are in place in time for payments due in July 2020 onwards. Any outstanding returns should be filed, and three working days should be allowed to elapse before reinstating the direct debit mandate.

HMRC will issue guidance on the end of the VAT deferral period very soon but, to be effective, direct debit mandates usually need to be set up three working days before a VAT return is filed.

We cannot set up direct debit mandates on behalf of our clients; the business needs to set up the mandate through their business tax account.

HMRC has confirmed that it will not collect the outstanding balance of deferred VAT when the direct debit mandate is reinstated. HMRC has made the necessary systems change to avoid this happening for businesses in MTD for VAT.


Click here to find out more

Girl with headphones

Supervising trainees remotely

With the changes in working practices COVID-19 has caused and the likelihood that many people will be working remotely for the foreseeable future, it is also worth considering how this impacts on the trainee experience and their supervision.  To help with this, we have compiled some tips and ideas on how you can effectively supervise your trainee and continue to give them a meaningful learning experience whilst working remotely.

Part A: Supervising Trainees

Tip One – ‘drop in clinics’

A key element of the learning experience for a trainee is the ability to ask questions as they go along.  When working alongside a supervisor and team, this is as simple as turning around and asking that question when it crops up.  However, remote working can make this extremely difficult as you can’t see if someone is available to ask that question.  Setting aside time each day (perhaps early morning and post lunch) for a 15 minute ‘clinic’ with your trainee gives them clear times (and permission) to call you with any questions they may have and not feel they are interrupting.

Tip Two – Break work down into smaller tasks

When allocating work to a trainee, depending on their level of experience, it may be beneficial to break the work down into smaller tasks.  Rather than asking them to draft a recommendation, break the task down into firstly conducting the research, then discussing what they have learnt before finally producing their recommendation

Tip Three – New skills

Working remotely and social distancing has resulted in new ways of working that are likely to stay with us.  These ways of working involve new skills (such as running virtual meetings, presenting live webinars and workshops, interpreting a client’s mood without being in the room with them, self discipline and time management) that will be essential for a trainee to develop (as well as the rest of us!).   Ensuring that time is set aside to help a trainee develop these skills will help to enhance the learning experience.  In addition, as many are already more tech savvy than some of us, they may also be able to teach us a thing or too!

Tip Four – Separate wellbeing catch ups and work-focussed meetings

Setting specific time aside to discuss the wellbeing of your trainee that is separate to the normal catch up to discuss progress against objectives and upcoming work will ensure that both are covered on a regular basis and gives your trainee permission to discuss non-work related matters that could impact them (and ultimately their performance).

Part B – Enhancing the trainee experience

Tip One – Encourage trainees to chat

They probably already have their own WhatsApp group and/or other means of staying in touch, but encouraging this from a learning (sharing experiences and ideas) as well as a wellbeing perspective adds value to the trainee experience.

Tip Two – Team meetings

As mentioned previously, running virtual meetings as well as presenting remotely are new skills that would be beneficial for trainees to develop.  Consider how you can use team meetings as a safe place for your trainee to start developing these skills.

Tip Three – Project work

Either as an individual or as a cohort, giving your trainees a business-related (and real) project or projects they can work on and own not only enhances their experience as trainees but can also have a real benefit to your business.

Tip Four – Get their feedback

Whilst many firms traditionally bring their trainees together once (or twice a year) to get their feedback on experiences (as well as for additional learning, creating a sense of belonging etc.) you may wish to consider a more frequent feedback  and idea collation mechanism that ensures current views are captured and your trainees feel listened to.  You never know, they may come up with a suggestion that has real impact on your business!

For any additional advice on supervising and developing your trainees remotely, our team is on hand to help.  If you have any thoughts on the  above or any suggested additions to this advice we would be delighted to hear from you.

Team of hands

8 Key Principles to lead your team and enhance performance

Whether leading in person or virtually, there are 8 principles that you can adopt to improve team performance. Many organisations are adjusting to remote or virtual working and the majority of managers have no training in how to manage staff that aren’t physically in the same office, which impacts on team performance.

We’ve produced separate guidance on managing a team remotely, so for now we’ll focus on how to lead, in or out of the office.

1. People don’t set out to be poor performers

The majority of people have good intentions and don’t want to be poor performers. There are 3 factors to consider before deciding on someone’s performance:

  1. The situation or environment that they’re working in
  2. Organisational culture
  3. Leadership

2. We get the team we deserve

The culture of a firm is shaped by the worst performance that a leader will tolerate. If a leader is too busy to notice or wants to avoid talking to a low performer, other team members will take note.

In general, it’s good practice to speak to all staff on a regular basis regardless of performance. That way, if a high performer slows down, you’re already aware of what might be behind it e.g. illness, caring for dependents etc.

If you haven’t been having regular conversations, the first step is to establish what’s going on. At the moment Covid-19 is the most obvious cause, since we know many people have had problems with things like access to broadband, a space to work, sickness and childcare. You may not be able to solve all problems, but you can fix some, if you know about them.

3. How your team perform is your responsibility

At first glance this seems unfair. Surely an adult is responsible for their own performance? But leaders are there to set priorities, ensure everyone has the information and tools to get on with their jobs and maintain a culture where staff are able to discuss anything else they need to get things done. For example, if a leader doesn’t give a clear explanation of what needs to be done and then creates an environment where no one can ask more questions, a member of staff could deliver something different, or spend a long time trying to guess what is wanted.

There is also a risk that if you tell staff to set their own priorities, they might not have the same vision for the business as you do. As a leader, you need them to follow your plan.

4. If someone is a long-term low performer, then you haven’t lost anything if they leave

It can be difficult to sit someone down and tell them that they aren’t performing well. If you’ve gone through the process of discussing their circumstances and the environment you’re working in, then thought about whether your organisational culture and leadership could be an issue and still have issues with performance, you’ll know that you’ve tried everything possible to resolve it informally. Many businesses rush to consult an HR specialist, before speaking to their employee, which can create unnecessary resentment.

5. We underestimate how much we actually know and how long it takes someone else to do it for us

When delegating a task, we tend to underestimate how much we know and how long it would take for someone else to take over, so when someone first starts a task they may look too slow. It’s frustrating when you’re busy, but delegating successfully does mean spending time creating detailed instructions. If you prefer not to write, or struggle to remember what you didn’t know when you first started working on the job you want to delegate, you could try recording video tutorials, explaining what you’re doing and why.

6. Everyone has a learning curve and no one is a mind reader

As mentioned in point 5, we have to make allowances when someone is carrying out a new task. They may have questions you haven’t thought of, or not understand why you’ve taken a shortcut or used a particular method. A little investment in time in the early stages will save time in the long run and you should see an improvement in performance as they get more practice.

If you’re concerned that staff are coming to you with the same questions, or are moving too slowly, a coaching approach is useful. Rather than giving answers, you could ask “what have you thought of or tried?”

7. Hire for attitude first, experience and skills second

No one can predict what might affect your employees in the future, but you can reduce the risk of low performance by getting the hiring process right. Companies tend to focus on the qualifications and experience that a potential employee has, but it’s important that their values are aligned with your business. For example, one business may value creative problem-solvers, while another needs people to solve problems by following set processes.

8. Making it always safe to talk to you is what makes a great people manager

Everything is tied together by communication. Leaders need to know what’s going on and what might affect productivity, not just what the output is. Two things that are highly effective, but often forgotten are:

Know when to apologise – if you see something’s gone wrong due to unclear communication, it’s helpful to say “I could have been clearer”. It emphasises that you’re open to answering questions where instructions aren’t clear.

Praise where it’s due – recognising good performance publicly encourages the rest of the team and keeps everyone motivated.

Business news update

C19 Business News Update

What’s Going On Now?

As time goes on it is getting harder and harder to keep track of all the Government changes. We have put together this blog to summarise the latest changes.

STAYING ALERT AND SAFE (SOCIAL DISTANCING)

Everyone’s actions have helped to reduce the transmission of coronavirus in our communities. Fatalities and infection rates continue to fall.

The government has set out its plan to return life to as near normal as we can, for as many people as we can, as quickly and fairly as possible in order to safeguard livelihoods, but in a way that is safe and continues to protect the NHS. The most important thing we can continue to do is to stay alert, control the virus, and, in doing so, save lives.

This guidance applies in England – people in Scotland, Wales and Northern Ireland should follow the specific rules in those parts of the UK.


Click here for more information

NEW FUNDING CONFIRMED FOR LOCAL AUTHORITIES TO HELP THOSE STRUGGLING FINANCIALLY AS A RESULT OF CORONAVIRUS

An additional £63 million has been confirmed by government to be distributed to local authorities in England to help those who are struggling to afford food and other essentials due to coronavirus.

Local authorities are already working to support those who are vulnerable, and this additional funding will contribute to that work.

Many have existing mechanisms to provide this support in a way that suits the needs of their community. This includes provision of cash payments, food vouchers, or alternative means of support.


Click here for more information

MANAGEMENT OF STAFF AND EXPOSED PATIENTS AND RESIDENTS IN HEALTH AND SOCIAL CARE SETTINGS

This guidance provides advice on the management of staff and patients or residents in health and social care settings according to exposures, symptoms and test results. It includes:

  • staff with symptoms of COVID-19
  • staff return to work criteria
  • patient exposures in hospital
  • resident exposures in care settings

Please note that this guidance is of a general nature and that an employer should consider the specific conditions of each individual place of work and comply with all applicable legislation, including the Health and Safety at Work etc. Act 1974.

There may be further information specific to each country in the United Kingdom, as this guidance was written by Public Health England primarily for an English health professional audience. To see if country specific information is available, please refer to Health Protection Scotland, Public Health Wales, or Public Health Agency in Northern Ireland.


Click here for more information

WHAT YOU CAN AND CAN’T DO FAQs

This guidance has been updated 12 June.


Click here for the guidance