Here is the latest COVID-19 support information for employers on the financial support schemes available. It includes updates on deferring VAT and claiming for furloughed staff through the Coronavirus Job Retention Scheme (CJRS). VAT deferral new payment scheme – join from 23 February If businesses deferred paying VAT due in the period from 20 March to […]
22
Feb
Feb
HMRC recently announced that customers will not be charged the initial 5% Self Assessment late payment penalties if they pay their tax or make a Time to Pay arrangement by the 1st of April 2021. As always, the payment deadline for Self Assessment was the 31st of January and interest will be charged from the 1st […]
08
Feb
Feb
This is a reminder to Submit January (CJRS) claims now before the upcoming deadline for Coronavirus Job Retention Scheme claims Submit January (CJRS) claims now If you haven’t submitted your claims for January, you must do so by the deadline of Monday 15 February. As a reminder, the UK Government will pay 80% of employees’ […]
01
Feb
Feb
On the 25th of January 2021 HMRC announced in a Self Assessment 2021 update customers will not receive a late filing penalty for their late tax return if they file online by the 28th of February 2021. This easement is for late filing penalties only. It does not affect any other tax obligations. A Self […]
25
Jan
Jan
This is a reminder to submit Coronavirus SEISS claims. Third SEISS grant deadline The third grant of the Self-Employment Income Support Scheme (SEISS) closes for claims on Friday 29 January. Eligible customers must claim on or before this date. SEISS You can find everything you need to know about the third SEISS grant on GOV.UK […]
18
Jan
Jan
The 31st of December 2020 marked the ending of the Brexit transition period and, as a result, there are some actions you need to take now Changes have now come into effect for businesses that trade goods with Europe or represent businesses who do. There are a number of HMRC webinars available to help you […]
11
Jan
Jan
This is a reminder to submit Coronavirus JRS claims. Deadline to submit Coronavirus JRS claims for December You must submit any December claims no later than Thursday 14 January. You can claim before, during or after processing payroll. If you can, it’s best to make a claim once you’re sure of the exact number of […]
04
Jan
Jan
The UK has reached an agreement with the EU on its future relationship. The UK-EU social security coordination provisions in this agreement ensure workers who move between the UK and the EU only have to pay into one country’s social security scheme at a time. Going to work temporarily in the EU under the detached […]
29
Dec
Dec
The Brexit transition period ends in 2 days time. If your business trades goods with Europe you’ll need to be prepared for changes from 1 January 2021. Talks are ongoing about future trading arrangements with Europe. Trading rules will not change or go away, and the steps that you need to take to prepare, are […]
21
Dec
Dec
The UK Government has announced that the Coronavirus Job Retention Scheme (CJRS) will remain at the current level of 80% of usual wages for the hours not worked, and CJRS has been extended until end of April 2021. What you need to do now that CJRS has been extended If you haven’t submitted your claim […]
