19 May 2020: Small employers and their tax agents will be able to submit claims for rebates of statutory sick pay linked to coronavirus from 26 May, HMRC has confirmed.
Tax and coronavirus
Support on the CJRS, the government scheme to help businesses retain furloughed staff during the COVID-19 pandemic, including details of the changes being brought in from 1 July that introduces flexible furloughing.
Information on SEISS, the government's key support scheme for the self employed during the COVID-19 pandemic, including details of the application process.
Audit and coronavirus
An auditor may conclude that a matter disclosed in the financial statements is so important that it is fundamental to users’ understanding of those financial statements. In this case an emphasis of matter paragraph will be included in the auditor’s report, which draws the reader’s attention to the entity’s disclosures.
This Know-How Guide from ICAEW’s Audit and Assurance Faculty considers a selection of frequently asked questions about auditing remotely in light of the coronavirus pandemic. It may be updated or extended from time to time in response to events and member feedback.
ICAEW’s Audit and Assurance Faculty shares a recording of its recent webcast on the challenges faced when auditing going concern in light of the COVID-19 pandemic.
The Audit and Assurance Faculty have produced this two part guide for auditors, covering COVID-19 considerations for auditing going concern, and how to report when a material uncertainty relating to going concern exists.
Financial reporting and coronavirus
This guide identifies some key areas where entities might need to consider the impact of COVID-19 when preparing disclosures within their annual report and accounts.
18 June 2020: Amendments to IFRS 16 Leases to help lessees account for rent concessions as a result of the Coronavirus pandemic.
Factors to consider when doing a going concern assessment and the practical implications for financial reporting.
Factors to consider when preparing financial statements with early 2020 year ends.
Cyber security and coronavirus
These webinars are free to ICAEW members, Faculty members and subscribers, Community members and subscribers, associated bodies of ICAEW and non-members.
|Date||Webinar title||Accessibility and cost||Booking|
|8 October 2020||Facing redundancy – what are my legal rights?&
Join this free webinar, hosted by the Young Members Community, to learn more about your legal rights if you’re facing redundancy, and what support is available to you as an ICAEW member or ACA student.
|Free to UK based ICAEW members/ACA students only||Book now|
|Date recorded||Webinar title||Accessibility and cost||Booking|
|5 August 2020||Employment rights & childcare related concerns for parents
Learn from our expert speakers on what options are available to you (as an individual or an employer) and get all your questions answered around maternity leave, employment law and other childcare related concerns.
|21 July 2020||UK Economic Outlook 2020 - 2021
This webinar provides the economic forecasts for the next 6-12 months, fiscal policies & interest rate predictions, Brexit implications, as well as an in depth Q&A discussion with Professor Trevor Williams, University of Derby and Chair of Institute of Economic Affairs Shadow Monetary Policy Committee (SMPC).
|14 July 2020||Will modern methods of construction aid recovery post Covid-19?
Are modern methods of construction about to come of age? Will modular building deliver on the need to combat climate change, increase efficiencies and now, build resilience against future pandemics?
|9 July 2020||Covid-19: CJRS2 Examples and other payroll hot topics
Hear from payroll and employment tax specialist Kate Upcraft and Tax Faculty technical managers Anita Monteith and Caroline Miskin, as they explain the complexities of the Coronavirus Job Retention Scheme (CJRS).
|Free to all ICAEW members and faculty subscribers||Watch now|
See the full list of on-demand webinars.