Posted in Accounting, COVID-19, Tax
February 10th, 2023
After two years, the corporation tax super deduction will no longer be available for expenditure on or after 1 April 2023. Transitional rules will apply in respect of expenditure for…
Posted in COVID-19, Tax
January 6th, 2022
Today HMRC has announced that they will not charge: Late filing penalties for those who file online by 28 February 2022. Late payment penalties for those who pay the tax due…
Posted in Accounting, COVID-19, Tax
April 21st, 2021
Each year HM Revenue & Customs (HMRC) will undertake a number of tax enquiries into individuals and businesses in order to ensure that they have paid the right amount of…
Posted in Accounting, COVID-19, PAYE, Tax
March 5th, 2021
Following the Chancellor’s Budget on Wednesday, we have updated our resource page for our spring newsletter. Focusing mainly on the budget. If you haven’t taken a look already, download now.…
Posted in COVID-19, Tax
February 19th, 2021
Today HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement…
Posted in COVID-19, PAYE
February 19th, 2021
Claims under the Coronavirus Job Retention Scheme (CJRS) are now open for pay periods in February 2021. Claims for January are now closed, but if you find you need to make…
Posted in COVID-19, Tax
February 3rd, 2021
HMRC has updated its guidance to define what it means by reduced activity, capacity or demand or temporary closure and gives examples of how this could affect eligibility. Claims for…
Posted in COVID-19, PAYE
February 3rd, 2021
The Kickstart Scheme provides funding to employers to create job placements for 16- to 24-year-olds on Universal Credit is changing. So far more than 120,000 jobs have been created and…
Posted in COVID-19, PAYE
February 2nd, 2021
If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their…
Posted in COVID-19, Tax
January 29th, 2021
On 25 January HMRC announced that Self Assessment customers will not receive a late filing penalty for their late tax return if they file online by 28 February. This easement…
