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 remain open during the current COVID lock-down.
Those required to close face compounded financial difficulties as their ability to...
1 month 2 weeks ago
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 is 31 January 2021.
Could clients reading this article, who have not supplied all the information we have requested to complete their...
1 month 3 weeks ago
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 wish our readers all the very best for 2021.
But what challenges we face. Will schools reopen, are we facing a further national lock-down, will our...
1 month 3 weeks ago
We already have more than our fair share of adversity to deal with at present, don’t let criminals add to your woes by defrauding you of hard-earned cash resources.
HMRC has recently published a warning to taxpayers about scammers posing as HMRC employees. They said:
Self-...
1 month 4 weeks ago
The end of the calendar year is a popular accounting date for many businesses, but for those of us with a year-end accounting date of 31 March 2020, reviewing your management accounts for the nine months to the end of December 2020 can have real benefits. For example:
1 month 4 weeks ago
In just three short months the present tax year – 2020-21 – will end midnight, 5th April 2021.
The UK’s tax code is predominantly time limited. Any reliefs and exemptions from UK taxes for 2020-21 will mostly expire at the end of the tax year. Accordingly, there is an imperative to...
1 month 4 weeks ago
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 1 January 2021, have completed and we have a deal.
Readers who import or export goods from or to the EU will now need to face the...
1 month 4 weeks ago
1 January 2021 - Due date for Corporation Tax due for the year ended 31 March 2020.
19 January 2021 - PAYE and NIC deductions due for month ended 5 January 2021. (If you pay your tax electronically the due date is 22 January 2021)
19 January 2021 - Filing deadline for the CIS300...
1 month 4 weeks ago
UK taxpayers that file a tax return will need to pay a variety of self-assessment tax and NIC liabilities that will fall due at the end of January 2021. They include:
· The second payment on account for 2019-20 if deferred when first due 31 July 2020.
· Any balance of taxes...
2 months 1 week ago
For a man that has admitted he has concerns about the level of government funding committed to the support of businesses during the last nine months, Rishi Sunak’s disclosure last week that he is extending the furlough scheme to the end of April 2021 points to a deepening concern in...
2 months 1 week ago
Pages
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Gender gap closing in UK board rooms https://t.co/voRaxGHH79
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Challenges as we emerge from lockdown https://t.co/sWZlHc0qGC
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Supreme Court determines Uber drivers are workers https://t.co/VHWA1AMKrw
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Do you qualify for the fourth SEISS grant? https://t.co/ssdI3Vk3Hc
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Tax claims if working from home https://t.co/6IWibY3EeN
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UK Pensions Bill receives Royal Assent https://t.co/vHTlEunsQ5
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