As you may be aware, HMRC issued updated guidance on 15th April, accompanied by this CJRS direction, linked to the Coronavirus regulations. 

The 2019/20 tax year has just ended, and employers should now begin to think about submitting their Employment Related Securities (ERS) Annual Return.

A&M Managing Director Rocco Grillo participated in an Information Security Media Group (ISMG) video panel discussion on “Detecting and Defending Against Emerging Threats” discussing how social engineering, including phishing and fraud scams have increased as a result of the COVID-19 pandemic.

As COVID-19 continues to spread across the country, state and local governments are racing to pass emergency relief measures to assist taxpayers directly impacted by the coronavirus pandemic and help prop up the slowing economy.

The IRS continues to provide guidance as part of its ongoing efforts to implement the CARES Act and respond to the economic challenges arising from COVID-19 pandemic. As part of our continuing coverage of COVID-19 relief, this Tax Special Alert highlights the relief provided in Notice 2020-23 and Rev. Proc. 2020-22.

Telehealth encompasses the technologies and tactics to deliver virtual medical, health and education services. With the COVID-19 pandemic, Medicare and other payors have significantly eased service and billing restrictions on telehealth, posing an opportunity for organizations to supplement or enhance reimbursement revenue during this time of emergency.

The COVID-19 pandemic has created an urgent liquidity crisis for countless taxpayers. As governments around the world move quickly to provide tax deferral opportunities and access to capital, many U.S. taxpayers might have a short window to quickly monetize a few of the notable provisions of the CARES Act. Through the IRS quick refund program, corporate taxpayers may be able to recover overpayments of estimated 2019 taxes within a matter of weeks,

The COVID-19 pandemic has created an urgent liquidity crisis for countless taxpayers. As governments around the world move quickly to provide tax deferral opportunities and access to capital, many U.S. taxpayers might have a short window to quickly monetize a few of the notable provisions of the CARES Act. Through the IRS quick refund program, corporate taxpayers may be able to recover overpayments of estimated 2019 taxes within a matter of weeks.

We are pleased to let you know that HMRC is targeting 20th April for the Job Retention Scheme claims functionality to be up and running.

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, has found that more than half of the U.K.’s major non-food retailers will deplete their entire working capital should the Covid-19 lockdown continue through the summer.

Andrea Gonzalez will serve in A&M's Unsecured Creditors’ Committee (UCC) Advisory practice to bolsters UCC Advisory practice’s ability to maximize value for clients amidst a turbulent economic environment.

To help U.K. firms during these uncertain times, our Reward & Employment Tax Solutions specialists have developed a roadmap that highlights key tax moments, separating them by (1) deadlines, (2) potential costs and (3) potential savings.

Sales process resulting in a debt restructuring with a new investor taking majority control of the Group and providing the capital to support a restart plan.