Firms still owe HMRC billions after VAT holiday

Firms still owe HMRC billions after VAT holiday

20 Jul 2021

More than one in four businesses that were allowed to defer tax payments during the spring lockdown last year still owe the Treasury billions. A total of 156,500 out of 590,000 businesses that took advantage of Rishi Sunak’s VAT deferral between March and June have...
Spring Budget 2021 – Budget Brochure

Spring Budget 2021 – Budget Brochure

4 Mar 2021

It’s hard to believe Rishi Sunak has only been in office for a little over a year given what the Chancellor has had on his plate over the last 12 months. At lunchtime on 3rd March 2021 he delivered his second budget announcement, the first following the Coronavirus...
IR35 changes – download our guide

IR35 changes – download our guide

25 Feb 2021

From April 2021 the rules regarding IR35 and off payroll workers is changing. We have created a handy summary guide of the changes and the steps to be completed to protect you and your business. To download the guide please complete the form below. Notice: JavaScript...
HMRC reject calls to relax tax return deadline

HMRC reject calls to relax tax return deadline

23 Dec 2020

HMRC has rejected calls from professional bodies to relax the self assessment filing deadline. Penalty notices will be issued as usual to all who file late but more time will be allowed to appeal. The Institute of Accountants in England and Wales (ICAEW) have reported...
Self Employed Income Support Scheme Round Two Opens 17th August

Self Employed Income Support Scheme Round Two Opens 17th August

12 Aug 2020

The Self Employed Income Support Scheme (SEISS) has been extended to a second round. The first round is now closed to applicants and round two will open on Monday 17th August. If you were eligible for the first grant and can confirm to HMRC that your business has been...