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A National Insurance contributions holiday for businesses who employ armed forces veterans comes into force 6 April 2021. The policy allows employers to claim National

On 12 April, the rules that government has required us to follow to combat COVID-19, changed. From that date: non-essential retail will be able to

1 April 2021 – Due date for Corporation Tax due for the year ended 30 June 2020. 19 April 2021 – PAYE and NIC deductions

The new tax year starts 6 April 2021, and without dwelling too much on the historical trickery that has landed us with this odd commencement

Employers who have employees paid at the National Living Wage (NLW) or National Minimum Wage (NMW) rates should be applying new rates of pay from

Since 15 March 2021, smaller businesses can apply for grants of up to £2,000 to help them adapt to new customs and tax rules when

The government has confirmed its intention that furloughed employees will be paid 80% of their wages for hours not worked under the furlough scheme. Up

Many businesses across the UK are likely to make losses in the 2020-21 tax year due to the havoc resulting from COVID disruption. Which was

If you became self-employed after 5 April 2019 and you have submitted your 2019-20 tax return before 2 March 2021, you may be eligible for

Perhaps the most innovative give-away in the recent budget was “Super-deductions for investment expenditure”. What does this mean? Companies that invest in qualifying plant and

The government has announced new measures to support a safe and successful reopening of the high streets and seaside resorts ahead of the summer season.

An outline of the Finance Bill 2021 has been published and provides the legal framework for changes announced in the recent Budget. We have reproduced

HMRC has recently clarified the action you need to take if you have claimed too little or too much under the furlough scheme (Coronavirus Job

Most company business owners understand that if you incur a cost that is wholly and exclusively for the purpose of your trade, then it can

The 2020/21 tax year comes to an end on 5 April 2021. As this date approaches, it is prudent to review your pension contributions and

One aspect of the recent budget will please self-employed business owners that have previously been unable to claim under the Self-Employed Income Support Scheme (SEISS)

You may have noticed that a certain phrase came up more than once in the Chancellor’s Budget speech last week. The phrase went something like

1 March 2021 – Due date for Corporation Tax due for the year ended 31 May 2020. 2 March 2021 – Self-assessment tax for 2019/20

From April 2021, the National Living Wage (NLW) will be the statutory minimum wage for workers aged 23 and over. It currently applies to workers

You can make a simplified declaration before you export your goods. This is called ‘presenting’ your goods to customs. The first part of your declaration

HMRC published the following press release on Valentine’s Day 2021. HMRC is encouraging married couples and people in civil partnerships to sign up for a

Employed persons If your employer requires that you work from home, this will apply to many employees during the various COVID lock-down periods, HMRC will

COVID-19 related support measures for UK businesses The Treasury is to continue the two existing major support schemes in an attempt to hold back a

More than a third (34.3%) of FTSE 350 board positions are now held by women, with the number of women on boards increasing by 50%

There is no guarantee that the heady mix of vaccination and easing of lockdown will contain the spread of COVID-19. However, based on government predictions,

As your dedicated accountant, we’re here to help you manage any tax enquiries you might receive. It is vital to be led by specialist advice

In a landmark decision handed out by the Supreme Court last week, the respondents, Yaseen Aslam, James Farrer, Robert Dawson and others have had their

To qualify for the Self-Employed Support Scheme HMRC expects you to make an honest assessment about whether you reasonably believe your business will have a

Many employed persons will have spent a large chunk of the current tax year, 2020-21, working from home due to COVID restrictions. HMRC will accept

The UK Pensions Act will bolster protections for savers and further the government’s green agenda by supporting progress towards net zero. New powers to penalise

The short-term outlook for UK businesses operating in sectors badly affected by the present COVID lock-down directives is not good. Many cannot trade, many others

The following announcement provides encouragement that a replacement for the EU State Aid process is in development. Details from a recent Government press release are

It is doubtful that HMRC will change the tax year end date. The current tax year will therefore come to an end on 5 April

During the last week of January, HMRC finally accepted that many tax-payers would not make the filing deadline – 31 January 2021 – for their

1 February 2021 – Due date for Corporation Tax payable for the year ended 30 April 2020. 19 February 2021 – PAYE and NIC deductions

If you took advantage of the offer to defer VAT payments falling due between 20 March 2020 and 30 June 2020 – to help out

At first sight, company cars drivers whose private fuel costs are met by their employers may seem to be onto a good thing, but there

Almost 25,000 Self-Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million,

Contractors and subcontractors registered for VAT and the Construction Industry Scheme will need to use the VAT reverse charge process for building and construction services

It is possible that your estate will pay no IHT on the valuation of any business assets. The amount of relief available depends on the

Government have set out a list of six actions that all businesses who continue to trade with EU customers or suppliers should complete now that

Couples may have experienced the difficulties that can arise when couples separate or divorce. One area where they may need to resolve are the options

January is the month that taxpayers registered for self-assessment need to pay their taxes. Usually, this amounts to any underpayment for the previous tax year

There is a major advantage to recording business transactions digitally; once the basic data has been entered it can be interrogated and represented in endless

We have prepared the following lists from information published on the GOV.UK website. It sets out which businesses are required to close, and which can

Readers who have not yet filed their 2019-20 self-assessment tax return for 2019-20 have less than one month to do so. The online filing deadline

The turning of the old year into the potential for the new year has usually generated the Happy New Year salutation. And indeed, we do

From the beginning of this month the Brexit transition period has ended. Negotiations to secure a trade agreement between the UK and the EU from