Today HMRC has announced that they will not charge: Late filing penalties for those who file online by 28 February 2022. Late payment penalties for those who pay the tax due in full or set up a payment plan by 1 April 2022. This will give tax payers additional...
News
Here is where you will find stuff that doesn’t seem to fit anywhere else….the interesting stuff
Business News Update (29 March 2021)
Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. Is the end in sight? The UK regional roadmaps...
Business News Update (1 March 2021)
Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. While transmission rates decline, vaccines...
Business News Update (8 February 2021)
Today the Government announced a new contract secured with Derby-based manufacturer for validated lateral flow antigen tests, ensuring supply for UK over coming months. Also this weekend the Government started offering all English businesses with over 50 employees’...
Claim the third SEISS grant on or before 29 January 2021, or lose it.
HMRC have been sending out reminders that the Self-Employed Income Support Scheme (SEISS) needs to claimed on or before 29th January 2021. As with the first and second SEISS grants, the third grant will be subject to Income Tax and self-employed National Insurance and...
Business News Update (25 January 2021)
Last week we witnessed the inauguration of a new US president with the promise of further economic stimulus and over 6 million first dose Covid-19 vaccinations administered in the UK. This continues to create a more positive short-term outlook for families and...
HMRC announce that Self Assessment customers will not receive a penalty for filing their 2019-20 tax return late
Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax return late, as long as they file online by 28 February. Tax-payers who have not filed yet are still being encouraged to do so by 31 January, if...
Business News Update (18 January 2021)
As the UK national lockdowns continue, we are pleased that there is some good news for hospitality and other businesses who were closed by the Government in the first lockdown, after the Supreme Court ruled that insurers should pay business interruption claims. In...
Covid 19 – Business News Update (11 December 2020)
Welcome to our regular roundup of Covid-19 and other news. Please contact us if you need further information about any of the Government Supports detailed below. THE COVID-19 VACCINE PROGRAMME HAS STARTED! This week we can reflect on the good news of the first...
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