VAT deferral scheme UPDATE
During the early stages of the first lockdown, the Government gave the option to defer your forthcoming VAT bill until later in the year. This allowed you to put that VAT income to good use, propping up your cashflow during the lean times of the initial business shutdown. While this VAT deferral may have been […]
Free HR service for all our clients!
You may now be aware of our ongoing partnership with Peninsula, the UK’s market leader in Employment Law and Health & Safety support. In terms of employees, the majority of which has happened to businesses since the start of the pandemic is heavily linked to employment law (furlough) & also health and safety (covid 19). […]
Job Support Scheme
10 Part email series on how small businesses can access the government’s coronavirus support. We would like to apologise for the email received this morning, this email was scheduled before the changes had taken place. Please see below new information regarding the schemes. Accessing the government’s coronavirus support > Loans Job Retention Bonus This scheme […]
Deadline Extension and Time to pay online application
HM Revenue and Customs has announced anyone who cannot file their return by the 31 January deadline will not receive a late filing penalty if they file online by 28 February. Taxpayers are still obliged to pay their bill by 31 January. Interest will be charged from 1 February on any outstanding liabilities. Customers can […]
The VAT domestic reverse charge: what your construction business needs to know
The VAT domestic reverse charge: what your construction business needs to know A major shakeup of VAT in the construction industry takes place in 2021 – and it’s likely to have significant implications if you’re a subcontractor working in the construction sector. The VAT reverse charge was originally scheduled to start in October 2019, but […]
80% Furlough Grant
Gov.uk has announced that 20th April is the launch date to allow us to make claims on your behalf. As this is a catch-all email, we wanted to let all our clients know about the furlough grant If you are not an employer or a director of a company, you do not need to read on. If you are an […]
It’s that time again, the final day of the tax year!
Tomorrow is the final day of the tax year. This means from Monday 6th April, you are able to complete your self-assessment tax return. There are a variety of reasons why someone might be required to submit a tax return such as, but not limited to; You have been self-employed for any time during the […]
