At the outset of the COVID-19 pandemic, HMRC announced the extension of the working from home allowance for employees, and made it easier to claim where staff have been required to work from home as a result of the various lockdowns.

HMRC issued Revenue & Customs Brief 12 (2020) last year which set out HMRC’s view that, as a result of certain European Court cases, certain payments which had previously been regarded as outside the scope of VAT as being payments of compensation or liquidated damages were, in fact, consideration for the original supply of goods or services to which they related. They also indicated that they would be looking at such payments retrospectively which clearly raised the possibility that organisations could face a VAT assessment even though the payments had been treated in line with HMRC’s previous policy.

• Being sent to work in the EU but from the UK
• Employees of an EU state employer who are sent to work in the UK under a secondment agreement

A year ago today, no one could have predicted that 2020 would provide so many new challenges, and I wager that few charities had ‘global pandemic’ listed within their risk register. We have seen huge changes in behaviours since the start of the pandemic with charities adapting overnight and changing their services quickly to meet the guidance requirements while still providing community support at this difficult time. But how has the pandemic impacted the financial governance in the future?

Top 25 firm of chartered accountants, haysmacintyre, is delighted to announce the promotion of Elena Ramkalawon to Partner, effective 1 January 2021.

Two thirds of global wealth is estimated to be made of land and property assets – are the methodologies behind their valuation still fit for purpose? The Royal Institution of Chartered Surveyors (RICS) has commissioned an independent report, chaired by Peter Pereira Gray, to investigate. Meia Harnett, Supervisor, provides commentary below.

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