News
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
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...
Domestic reverse charge VAT for construction services – 1st March 2021
Background The domestic reverse charge was first proposed and consulted on in 2017 and aims to combat missing trader fraud in the construction sector. Its introduction was delayed due to Brexit and the COVID-19 Pandemic; however, companies must use the reverse charge...
Government Support for the Self Employed
The Closing date for applications for the third Self-employment Income Support Grant is 29th January 2021. Follow the link to make your claim Please contact us If you need any support in submitting your application.
The Extension of the Coronavirus Job Retention Scheme (CJRS)
The extension of the Coronavirus Job Retention Scheme (CJRS) The CJRS (also known as the furlough scheme) will remain open until 31 March 2021. For claim periods running to January 2021, employees will receive 80% of their usual salary for hours not worked, up to a...
Additional Welsh Government Support
The third phase of the Economic Resilience Fund(ERF) is being doubled by the Welsh Government, making nearly £300m available to support businesses that continue to be affected by Covid-19. In September, economy minister Ken Skates said £140m would be made available...
FAQ: Job Retention Bonus (JRB)
Which employers can claim it? All employers who furloughed staff are eligible for the JRB including recruitment agencies and umbrella companies. Employers should ensure that they have: complied with their obligations to pay and file PAYE accurately and on time...
FAQ: Job Support Scheme (JSS)
Which employers can use the JSS? Employers of any size with a UK bank account and UK PAYE schemes will be able to use the JSS but large businesses will have to meet a financial assessment test to show that their turnover is lower now than before experiencing...