As part of a number of measures to support the country during the coronavirus (COVID-19) pandemic, Working Tax Credits payments will be increased by £20 per week from 6 April 2020 until 5 April 2021. The amount a claimant or household will benefit from will depend on their circumstances, including their level of household income. But the…

HMRC will support businesses by deferring Valued Added Tax (VAT) payments for 3 months. If you’re self-employed, Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021. VAT For VAT, the deferral will apply from 20 March 2020 until 30 June 2020. Eligibility All UK businesses are eligible….

The Government has committed to pay the wages of employees unable to work due to the coronavirus pandemic. On Friday, the government announced it would pay 80% of salaries for staff who are kept on by their employer. All UK businesses are eligible. In order to access the scheme, you will need to: designate affected employees…

We understand that there is a lot of uncertainty and worry at the moment about the potential impact of the Coronavirus, both on us all personally and our businesses.  We just want to let you know that for us it is business as usual and we are here to help.  Our phone lines and emails…

You would be forgiven for thinking that last week’s budget was actually a speech on COVID-19. In fact, the Chancellor looked at one point as if he was going to finish the Budget without any mention of taxes but they were there at the end, the most important of these was probably the reduction in…

Let’s hope it is a happy, healthy and prosperous new year for everyone! Let’s start by trying to avoid a £100 late filing fee for self assessment tax returns. HMRC issued the following press release on Friday 3rd January, and we would like to echo their sentiments too – but without the awful play on…

Wishing you all a very Merry Christmas and every blessing for a happy, healthy and prosperous New Year. Enjoy your holidays! We are now closed for the festive season but will re-open on Friday 3rd January 2020.

Thanks to everyone who supported our Shine Night Walk in aid of Cancer Research. We raised £1600 in total. Many, many thanks.

You may have noticed that when you log onto lots of websites now there is a link to click on getting ready for Brexit. It covers things like tourists travelling abroad. HMRC has its own link “Get Ready for Brexit” and it covers import and export of goods. Yesterday I attended a seminar on Brexit…

Today is the last day that you can sign up for MTD if you are a stagger one business that files quarterly VAT returns and pays by direct debit.  Make sure that you have signed up for MTD by the end of play today. We can report lots of successful MTD VAT returns filed.  However,…