HMRC issue Self-Assessment payment plan deadline reminder
HM Revenue & Customs (HMRC) are reminding Self-Assessment taxpayers that they have until 1 April 2021 to pay any outstanding tax liabilities in full for the 2019/20 tax year, or set up an online payment plan, to avoid a 5% late payment penalty charge.
Xero Cloud Accounting for Medical Practices
What is Xero and cloud accounting?
Managing flexible working requests
As employers start to think about staff returning to the workplace it may be that flexible working is something that many employees will raise, but is this something that businesses have to facilitate?
Coronavirus and the markets, a year on
I don’t know how many of us thought that we’d still be adhering to so many restrictions after all this time, but here we are, over a year on and the pandemic is still having a big impact on all of us.
Charity reserves and sustainability
This month a report into the state of charity finances has raised serious concerns about the financial health of charities as lockdown restrictions start to be lifted.
SME Brexit Support fund open for applications
The £20 million fund opened on 15 March 2021 for smaller businesses to apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU.
Could rising property prices also give rise to an additional company tax charge?
In 2020, the pandemic sparked a ‘race for space’ which saw the average UK house price rise by 7.6% in the year to November 2020. This means that a dwelling previously valued at £465,000 12 months ago could now potentially be worth over £500,000 and give rise to a tax issue under Annual Tax on Enveloped Dwellings (ATED).
Could the biomass fund pave the way to a secure market for farmers?
Last year the Prime Minister laid out a ten-point plan for a “green industrial revolution” to aid the UK Government’s Net Zero greenhouse gas emissions target by 2050.