IR releases While most of us have been hunkered down in lockdown for over three weeks now, IR have themselves remained busy, even during their own close down period recently while the latest business transformation updates were effected, releasing the following three documents last week: CS 20/01 “GST liability for insurance and settlement payments to […]
Covid-19 Wage Subsidy – a recap With the multitude of questions I have been receiving over the past couple of weeks, mostly in regard to ‘whether I have an entitlement to claim the subsidy’, and the apparent level of confusion that still exists, I thought it would be worthwhile to provide a brief recap. The […]
Late filed 2019 Income Tax Returns IR has acknowledged that one potential impact of Covid-19, more-so since the commencement of the nationwide lock-down, is 2019 income tax returns not being filed by 31st March 2020. Usually when this happens, the taxpayer is exposed to a late filing penalty being in the range of $50 – […]
HMRC has changed its guidance on who can defer their second payments on account (due 31 July 2020). Originally it was only self-employed individuals, now it is all tax payers under self assessment. Support for businesses through deferring Income Tax paymentsFor Income Tax Self-Assessment, payments due on the 31 July 2020 may be deferred until 31 January […]
Poole-based Inspire Professional Services is offering business leaders the opportunity to join a regular programme of free, interactive webinars, providing guidance and support in dealing with the Coronavirus pandemic. The first webinar, which took place on Friday, via online meeting platform, Zoom, offered a detailed analysis of the eagerly-awaited Coronavirus Job Retention Scheme, following further […]
Covid-19 wage subsidy changes At the time of writing last week’s AWIR, we were sitting at Level 2, most of us continuing our daily lives as normal, although on notice that things could change in the weeks ahead, if evidence of community spread presented itself. Within hours we had jumped to Level 3, and we […]
Inspire will be hosting a Zoom call today at 3pm with Warren Munson and Chris Downing to summarise the Coronavirus Job Retention Scheme and answer your questions. Topic: Coronavirus Job Retention Scheme – Inspire Q&ATime: Mar 27, 2020 03:00 PM London To register your interest email [email protected] and we’ll send you an invite with log-in details.
Help is out there – Covid-19 Package A $12 billion assistance package has been announced by the Government, comprising a mixture of ‘planks’ (as our Finance Minister aptly put it) from weekly wage subsidies to various tax relief measures. Employers package – To assist those employers significantly impacted by the effects of Covid-19, a 12-week […]
Last week I had a vacation and I was away for a good week. Still carefree I packed my bags and left for France to catch my breath. Who could have predicted that when returning to the Netherlands, life and work would look very different? Well I don’t! In the meantime we have come back […]
‘Whatever it takes’ – the mantra of the past few weeks from the Government, and this evening the Chancellor appears to have pulled out all the stops to keep people in work. Following talks with Trade Unions and the precedents set by other countries, there was a level of expectation, but at first glance, then […]
At IR Global we are proud to hear that so many IR members have charitable elements to their businesses and lives and are making a difference in different ways and parts of the world. We feel this is really highlights and defines the organization’s nature and what we stand for. To support members we have […]
In line with government guidelines, the Inspire team will continue to be very much available to provide help and support for you and your business, but will, in the most part, be working from home from today (17 March). Every member of the team is equipped with secure, cloud-based technology for virtual meetings, conference calls […]