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June 2021

Benefits in Kind - Electric Cars

All zero emission cars (i.e. fully electric) will have no Benefit in Kind (BIK) for 2020-2021.

Upcoming deadline for the VAT Deferral New Payment Scheme

The HMRC online portal to set up the VAT payment plan closes on 21 June 2021.

July changes to the Coronavirus Job Retention Scheme

From 1 July 2021, employers will have to contribute 10% towards wages for employees on furlough as the level of government support for the Coronavirus Job Retention Scheme (CJRS) is reduced to 70%.

Update On The Fifth SEISS Grant

The online service for the fifth and final Self-Employment Income Support Scheme (SEISS) grant will be available from late July 2021.

Marray & Co. merges with Moore East Midlands

Corby-based accountancy firm, Marray & Co. merged with Moore from 1 June 2021.