On 27th March the Government announced some changes to the wage subsidy and leave payment scheme. At 3pm on Friday 27th March the leave payment scheme was discontinued. This scheme is no longer fit for purpose given that our country is now in lockdown. Applications that were submitted prior to this cut off time will continue to be processed and paid. The Government is looking at ways to support essential services employees who may require sick leave due to Covid-19.

Since 1 March 2020, Inland Revenue no longer accept payment by cheque, including cheques dated after 1 March. This is a significant change for some however there are plenty of other payment options which are faster, less expensive and more secure

We are pleased to announce that we have partnered with Tremains to be a principal leg sponsor of the Tremains Triathlon for the next 3 years.

Inland Revenue are taking a closer look at how businesses in the hospitality industry are keeping their books.

On 14 February 2020, Inland Revenue announced that tax relief and income assistance is available to people affected by the downturn in business due to the Coronavirus COVID-19.

Congratulations to John, Jim, Pat and the Magiq team as they celebrate 40 years of business.