HMRC to contact self employed claimants for grant four SEISS applications The fourth Self Employment Income Support Scheme (SEISS) is shortly due to open for claim. HMRC has confirmed that...
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HMRC has confirmed that companies will have to pay a 5% penalty or interest if they do not pay in full or make an arrangement to pay deferred VAT by...
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On 3 March 2021, the government announced the introduction of grant support for non-essential retail, hospitality, accommodation, leisure, personal care and gym businesses in England. The Restart Grant is a...
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Sunak sets out Budget to protect businesses Yesterday, the Chancellor of the Exchequer, Rishi Sunak, delivered his second Budget statement and reaffirmed the government’s commitment to supporting individuals and businesses...
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From 8 April 2021, HMRC will no longer be able to accept XML VAT submissions from third party software. If you are still using this method (i.e. filing through QBO/Xero...
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If you are accounting for import VAT under the new Postponed VAT Accounting rules you will need to download your postponed import VAT statement. Be aware that you will only...
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If you deferred your VAT payments due between 20th March and 30th June 2020 and still have outstanding payments to make, you can join the new VAT deferral payment scheme...
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HMRC have announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by...
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The Domestic Reverse Charge VAT scheme for those in the Construction Industry Scheme comes into effect on 1st March 2021. Be aware that the changes could affect your cashflow and...
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Take A Deep Breath Either from a personal perspective or as a business owner it is likely you will have been hit with a whole raft of information being thrown...
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