New guidance for partnerships claiming fifth SEISS grant

HM Revenue & Customs (HMRC) has clarified its guidance for members of partnerships claiming the fifth Self Employment Income Support Scheme (SEISS) grant. The changes follows the introduction of the new ‘turnover test’, requiring claimants to compare the revenue of two tax years. What is the ‘turnover test’?

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What is RTI for Payroll?

Whether you employ one worker or one thousand, Real Time Information (RTI) for payroll helps businesses stay on top of compliance and ensures employees pay the correct amount of tax. But despite launching in 2013, some businesses still do not fully understand how to use the RTI system – potentially resulting in fines and penalties….

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