Government scheme gives discounts of up to £5,000 on accounting software
The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for...
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NEWS AND UPDATES
- Feb 23, 2022
- 1 min
Claims portal reopens for Statutory Sick Pay Rebate Scheme
HMRC has reopened a claims portal for small employers to again claim refunds for coronavirus (COVID-19)-related sick pay. The reopening...
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- Feb 22, 2022
- 1 min
Consumer group urges taxpayers to avoid using refund firms to claim tax rebates
Consumer group Which? has urged taxpayers to avoid using so-called 'refund firms' to claim tax rebates. Which? stated that people are...
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- Feb 21, 2022
- 1 min
National insurance rise 'set to squeeze budgets', warns CBI
The Confederation of British Industry (CBI) has warned the government that the planned rise in national insurance will squeeze budgets...
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- Feb 21, 2022
- 1 min
No 'convincing case' for digital UK currency, says House of Lords committee
Creating an official digital currency in the UK could pose significant risks to the financial stability of banks, a House of Lords...
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- Feb 15, 2022
- 1 min
Finance Bill
The current Finance Bill has been amended to ensure HMRC can use the Discovery Assessment provisions in s. 29 TMA 1970 to recover unpaid...
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- Feb 11, 2022
- 1 min
Business Rate Relief Abuse
A perceived loophole that allows owners of multiple properties to avoid council tax is to be closed from April 2023. Under the current...
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- Feb 8, 2022
- 1 min
VAT penalty overhaul delayed
The default surcharge system of penalties for late VAT returns and payments was scheduled to be replaced in April 2022, coinciding with...
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- Feb 8, 2022
- 1 min
Late Tax Returns
On 7 January, HMRC announced that there would be no automatic late filing penalties provided that tax returns are filed by midnight on 28...
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- Feb 2, 2022
- 1 min
February Key Dates
1 - Due date for payment of Corporation Tax for accounting periods ending 30 April 2021 7 - Electronic VAT return and payment due for...
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- Jan 13, 2022
- 1 min
HMRC waives self assessment penalties for one month to ease COVID 19 pressures
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month. The measure will give those taxpayers...
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- Jan 13, 2022
- 1 min
Self assessment taxpayers must declare COVID grants on tax returns
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return. According to HMRC, more...
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- Dec 8, 2021
- 1 min
HMRC issues warning on self assessment scams
HMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams....
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- Dec 8, 2021
- 1 min
December Key Dates
1 - Due date for payment of Corporation Tax for accounting periods ending 28 February 2021 7 - Electronic VAT return and payment due for...
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- Oct 27, 2021
- 1 min
£800 million Reinsurance Scheme opens for live events
The government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19...
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- Oct 27, 2021
- 1 min
Government announces plans to make requesting flexible working a day one right
UK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day...
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- Oct 25, 2021
- 1 min
COVID-19 Sick Pay Rebate Scheme closed in September
The government's scheme that enables small businesses to recoup statutory sick pay costs caused by COVID-19 closed at the end of...
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- Oct 25, 2021
- 1 min
British Business Bank provided £80.5 billion of COVID-19 support
UK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day...
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- Oct 25, 2021
- 2 min
So what's the true impact of an accidental manager?
You may well at this point be asking yourselves what we mean by an accidental manager. Well in layman's terms, it's someone who has been...
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- Oct 8, 2021
- 1 min
Chancellor to deliver Autumn 2021 Budget
HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October. On 7 September the...
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