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Budget 2021 Highlights

Budget 2021 Highlights

• The furlough scheme will be extended until the end of September, with the government paying 80% of salary through employers will be asked to put in 10% from July and 20% from August • Help for the self-employed will also be extended with changes meaning 600,000 more...
VAT deferral new payment scheme – join from 23‌‌ February

VAT deferral new payment scheme – join from 23‌‌ February

If you deferred paying VAT due in the period from 20‌‌ March to 30‌‌ June‌‌ 2020, you should pay it by 31‌‌ ‌March‌‌ ‌2021 if you can. If you can’t afford to pay by 31‌‌ March‌‌ 2021, you can join the VAT deferral new payment scheme and pay your deferred VAT over a...
IMPORTANT NOTICE: Personal Tax Returns 2020

IMPORTANT NOTICE: Personal Tax Returns 2020

HMRC has announced that it has scrapped the late filing penalty for those who do not file their return by the 31st January. Taxpayers will not receive a penalty for their online tax return if they file by 28 February, but they are encouraging anyone who has not yet...