by admin | Dec 2, 2021 | Accountancy, Business, HMRC, Tax
Please remember that Covid grants, including SEISS, are taxable and must be included on your tax return. HMRC have a record or what you received (if you received any) allocated to your unique tax reference (UTR) and they will expect to see these amounts declared on...
by admin | Nov 18, 2021 | HMRC, Uncategorized
We have had reports from clients of an email from HMRC regarding ‘Your anti money laundering online supervision account’ and controls and processes that you are required to have in place. It appears quite an alarming email but we have been in touch with...
by admin | Oct 14, 2021 | HMRC, Tax, VAT
Extension of MTD for VAT VAT-registered traders whose VATable turnover is over the VAT registration threshold of £85,000 must comply with the requirements of Making Tax Digital (MTD) for VAT. This means that they must keep digital records and file their VAT returns...
by admin | Sep 9, 2021 | HMRC, Tax
Yesterday the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across the UK. National Insurance contributions (NICs) will increase by 1.25% for one year only for employees, employers and the self-employed from??...
by admin | Jan 11, 2021 | Business, HMRC
Reminder that you must submit any December claims for the Coronavirus Job Retention Scheme (CRJS) no later than Thursday 14 January.
by admin | Nov 30, 2020 | HMRC, Self Employed
We wanted to remind you that applications are now open for the third SEISS grant to support self-employed people affected by coronavirus (COVID-19). The rules on who is eligible to claim are different to those for the previous SEISS grants. However, a Self Assessment...