Working From Home Tax Relief
During the period July 2018 to April 2022, some businesses were incorrectly charged a £25 minimum interest amount for the late payment of customs duty. Such businesses may be able to claim a refund of the difference between the £25 minimum charge and the actual amount of interest that should have been applied.
In addition, between July 2018 and April 2022, HMRC also used an incorrect interest rate which was higher by 0.5% to calculate late payment interest on customs debts.
You must email your request to firstname.lastname@example.org before 31st March 2023.
New Statutory Sick Pay Scheme
The staggered roll-out has been designed to avoid placing an excessive financial burden on employers. It gives them time to plan and budget for the additional costs. As an employer, you must keep proper records for each employee. The records must be maintained for four years and include information in relation to each employee who availed of sick leave.
The following information must be included in the records:
An employer who fails to maintain accurate records may be convicted and subject to a fine of up to €2,500.
If your business is experiencing any of the following, contact Credit Review:
The process is independent, easy to complete and covers applications for new loans or restructured credit facilities from participating banks (AIB, Bank of Ireland, PTSB and Ulster Bank).
Visit www.creditreview.ie to see if you’re eligible.
NATIONAL LIVING WAGE – IRELAND