FAC MEMBERS GOVERNMENT GUIDANCE UPDATE - The FAC - always open and always here for our members, keeping you informed at all times
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
The FAC – always open and always here for our members, keeping you informed at all times FAC MEMBERS GOVERNMENT GUIDANCE UPDATE MANAGING YOUR BUSINESS THROUGH COVID AND POST-BREXIT - THE NEW TRADE AGREEMENTS AND TARRIFFS.
FAC Government Guidance – Managing your business through the Covid Pandemic Government Covid Business support Homepage Guidance and support ▪ Funding and support ▪ Self-employed people and sole traders ▪ Your responsibilities as an employer ▪ Testing ▪ How to run your business safely ▪ National lockdown rules ▪ Click HERE for the Government Covid Business support Homepage A week in view for businesses in the UK and the Covid Pandemic (COVID-19) Coronavirus restrictions: what you can and cannot do Coronavirus remains a serious threat across the country. Find out 12 April 2021 LINK Coronavirus (COVID-19): what to do if you’re self-employed and getting less work or no work Guidance for people who are self-employed and getting less work or no work because of coronavirus (COVID-19). 12 April 2021 LINK Coronavirus (COVID-19): what to do if you’re self-employed and getting less work or no work Guidance for people who are self-employed and getting less work or no work because of coronavirus (COVID-19). 12 April 2021 LINK
FAC Government Guidance – Managing your business through the Covid Pandemic How HMRC works out trading profits and non-trading income for the Self-Employment Income Support Scheme Find out how your trading profits and non-trading income are used to work out your SEISS eligibility and grant amount. 9 April 2021 LINK Tell HMRC and pay the Self-Employment Income Support Scheme grant back Find out how to tell HMRC if you need to pay back some or all of the SEISS grant. 9 April 2021 LINK Check if you can claim a grant through the Self-Employment Income Support Scheme. If you're self-employed or a member of a partnership and have been impacted by coronavirus (COVID-19) find out if you can use this scheme to claim a grant. 9 April 2021 LINK How your trading conditions affect your eligibility for the Self- Employment Income Support Scheme. Find out what we mean by reduced activity, capacity or demand or temporary closure and read examples of how this could affect your eligibility. 9 April 2021 LINK Find examples to help you calculate your employees' wages Check examples to help you calculate your employee's wages, National Insurance contributions and pension contributions if you're claiming through the Coronavirus Job Retention Scheme. 8 April 2021 LINK Calculate how much you can claim using the Coronavirus Job Retention Scheme Calculate how much you have to pay your furloughed employees for hours on furlough and how much you can claim back. 8 April 2021 LINK Working safely during coronavirus (COVID-19) Find out how to make your workplace COVID-secure. 8 April 2021 LINK Financial support for businesses during coronavirus (COVID-19) Find out what financial support you can get for your business. 6 April 2021 LINK Recovery Loan Scheme launches today A new government-backed loan scheme launches today (6 April) to provide additional finance to those businesses that need it. 6 April 2021 LINK
FAC Government Guidance – Managing your business through the Covid Pandemic COVID-19 Response - Spring 2021 (Summary) Roadmap out of lockdown LINK HMRC's regular Talking Points provide information, guidance and tips to help you to understand tax issues. We have more Talking Points webinars coming up. There are a limited number of spaces, so save your place now. Off-payroll working rules from April 2021: Status Determinations and Disagreements: This webinar explains what Status Determination Statements (SDS) are, the off-payroll working rules, and how to deal with disagreements following the status determination. Choose a date and time Off-payroll working rules from April 2021: Contractors: This webinar gives an overview of the changes to the off-payroll working rules which come into effect on 6 April 2021. It is specifically designed to help contractors understand what these changes will mean for them. Choose a date and time Off-payroll working rules from April 2021: This webinar gives an update on changes to the off- payroll working rules (IR35) from April 2021 for: the public sector medium and large sized organisations. Choose a date and time Off-payroll working rules 2021 – international matters: This webinar explains how the off- payroll working rules interact with international and overseas issues. Register here Off-Payroll Working Rules from April 2021: Engagement: This webinar looks at different types of engagements and explains when the off-payroll working rules apply and whose responsibility it is to consider them. Register here Off-payroll working rules from April 2021: Fee-payer responsibilities: This webinar looks at fee- payers responsibilities under the off-payroll working rules including: who fee-payers are and their responsibilities qualifying persons deemed employers how to work out the deemed direct payment. Register here
FAC Government Guidance – Managing your business Post-Brexit Government Post Brexit Business support Homepage New rules apply to things like travel and doing business with Europe. Click HERE for the Gov.UK Transition website A week in view for businesses in the UK Post-Brexit UK MPs and business figures seek to improve Brexit trade deal New commission will look for ways to reduce trade friction between the UK and EU. 12 April 21 LINK Border and Protocol Delivery Group Update This bulletin provides the latest news from the Government relating to UK borders following the end of the transition period. For more information, go to gov.uk/transition How to claim Zero Duty Rates HMRC are telling businesses how to claim the zero duty rates agreed between the UK and the EU in December’s trade and cooperation agreement. From 1 January, if your goods originate in the EU or UK, you may be able to claim a preferential rate of duty when imported into the respective countries and released to free circulation. This means they’ll be free of Customs Duty. Transit - movements not being discharged and IE142 messages being launched When transit movements are not discharged (i.e. when the CTC process is not completed properly), an IE142 ‘Enquiry Request’ message is launched in NCTS by the competent authorities of the country of departure. The aim is to obtain evidence of the end of the movement in order to discharge the transit procedure. We are aware that IE142 messages are increasing across the EU, which means that T forms are not being discharged on NCTS to close the transit movement. When an IE142 message is launched by NCTS, this delays the closure of the movement and the release of associated guarantees. Traders could therefore approach their limit on guarantees, and if the limit is reached then new transit movements cannot be started which will cause significant disruption to your supply chain.
FAC Government Guidance – Managing your business Post-Brexit The issues we have seen so far include: • The most widely reported issue is around incorrect or incomplete information being entered in box 8 on the transit declaration, which contains the consignee details. Please ensure this information is accurate to avoid any delays. • When your goods arrive at the destination country, it’s important that the TAD (Transit Accompanying Document) is presented to customs at the office of destination (a customs office) or at the premises of an authorised consignee (your own or an agent’s premises), so they can inform the NCTS that the goods have arrived. Even if your goods have been presented to an office of transit at the border in the country of destination, the haulier must still go to an office of destination or premises of an authorised consignee to end the Transit movement. • Traders using Entry In Declarants Record (EIDR) to enter the goods into UK customs are not closing the T form to discharge the movement onto an import entry. You must close the transit movement by completing Office of Destination / Authorised Consignee procedures as this is separate to the EIDR customs process Your guarantee will not be released until the transit movement has been ended. Upcoming webinars and on demand videos The UK Government continues to run a series of webinars and on demand videos across a range of topics relating to the new rules and procedures. We recommend you take the time to visit this page, which has links to all the upcoming webinars and instructions on how to register. The link also gives you access to previously run webinars which you can watch on demand. Helpline numbers & online forums Here are the list of helplines you may find useful. ● HMRC Customs & International Trade Helpline - 0300 200 3700 ● HMRC Imports and Exports General Enquiries - 0300 322 9434 HMRC also operates a number of services, including: ● Import/export general enquiries can be made by calling 0300 200 3700. ● It is also possible to send a question about imports, exports and customs reliefs. The UK Government also operates two online forums where you can access key information and ask questions directly: ● For customs and tax-related queries ● For all other border-related queries
You can also read