Working from Home Tax Relief Allowance Claim for 2021/2022 HMRC have confirmed that the working-from-home allowance for the new tax year (2021/22) will operate in the same way as last year. That means even if you are required to work from home even just for one day in the year, you are eligible for the […]
Budget 2021 Extension to the Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS) has been extended until the end of September 2021. The UK Government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of June […]
Extension of the Self-Employed Income Support Scheme The SEISS provides self-employed people whose business and income had been affected by the pandemic to claim money in the form of a grant from the Government. How to apply The fourth SEISS grant covering February, March and April 2021will be available to claim the Government website. Sole traders […]
HMRC has announced that Self Assessment tax payers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1 April. HMRC is allowing taxpayers more time to pay or set up a payment plan. Payment plans or payments in full must be […]
VAT deferral new payment scheme – open from 23rd February Any businesses that deferred paying VAT due in the period from 20 March to 30 June 2020 and can’t afford to pay by 31 March 2021 may join the new VAT deferral payment scheme and pay their deferred VAT over a longer period. This online […]
If you deferred VAT payments due between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full, on or before 31 March 2021 join the VAT deferral new payment scheme – the online service is open between 23 February and 21 June 2021 contact HMRC […]
Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late filing penalty if they file online by 28 February. [button link=”https://www.gov.uk/government/news/no-self-assessment-late-filing-penalty-for-those-who-file-online-by-28-february” newwindow=”yes”] For more information click here[/button]
Extended SEISS Grant 25/11/2020 updated 30/11/2020 To check if you are eligible and can claim follow the link : [button link=”https://www.gov.uk/guidance/claim-a-grant-through-the-self-employment-income-support-scheme”] CLAIM 3rd SEISS Grant[/button] Please make sure that you check if you are eligible and can confirm the declaration. Full details of the third SEISS grant to support self-employed people affected by coronavirus (COVID-19) […]
Job Retention Scheme This extended Job Retention Scheme will operate as the previous scheme did, with businesses being paid to cover wages costs. The CJRS is being extended until the end of November. The level of the grant will mirror levels available under the CJRS in August, so the government will pay 80% of wages […]
The UK Government have decided to extend the Self-Employed Income Support Scheme to support the self-employed The support will be in the form of two grants, covering 1st November 2020 to 31st January 2021 and 1st February 2021 to 30th April 2021. To be eligible to claim the Grants self-employed individuals, and partnership members must: […]