Business as usual – we’re operating remotely once again. During this time, please may we ask you visit the office for scheduled record drop off only.

Spring Budget, tell us more!

Following this weeks Budget, many of our clients are requesting further guidance. At this moment in time, we are awaiting more details set to be released next Thursday. May we…

CJRS ”Furlough” Extended

It was announced this week as part of the Budget that the CJRS furlough grant scheme has now been extended to 30 September 2021. Employees will continue to receive 80%…

SEISS Update

Following the announcement earlier this week, it has been confirmed that two further grants will be issue to eligible self employed individuals. Most importantly, the assessment period for these grants…

Budget update spring 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.…

DRC (Domestic Reverse Charge) VAT scheme started, update your Xero tax codes now

As the new DRC VAT scheme started yesterday, any clients on Xero that fall under the reverse charge for CIS ruling will need to update their tax codes on Xero,…

UK Making Tax Digital (MTD) phase 2

From 1 April 2021, over 1 million UK VAT registered businesses face new MTD obligations, with penalties threated for the first time. The changes only apply to UK VAT registered…

Self Assessment Late Payment Penalties

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…

CJRS Update

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…

Quarterly Xero post

Calling all Xero on the go users! If you use the Xero app on your android or ios device there have been some time saving updates. You can now reconcile…

How trading conditions affect eligibility for the Self-Employment Income Support Scheme

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…