HMRC’s new deferral payment scheme is now open
HMRC’s new VAT deferral payment scheme is now open to all eligible businesses, including those businesses using the Payment on Account and Annual Accounting schemes.
HMRC clarifies off-payroll rules
HMRC has published a briefing on its approach to the changes to off-payroll working rules, commonly known as IR35, which will be introduced on 6 April 2021.
Spring Budget – what opportunities does this bring?
Following the delivery of the Spring Budget on 3 March 2021, there is a good chance that people will have seen the limited changes as not affecting them a great deal; however, this could in fact have an effect both in the short, and long-term, on tax due.
Time running out for ‘covid savers’ to make the most of pensions allowances
Covid savers should be making the most of their pensions allowances, says Sharon Mattheus of Lovewell Blake Financial Planning.
COVID-19 - SEISS fourth and fifth grant
Self-Employment Income Support Scheme – further grants confirmed
Corporation Tax - Super Deduction
On 3 March, the Chancellor of the Exchequer, Rishi Sunak, announced in the Budget additional measures over this year, and next, to support the economy in response to coronavirus.
Will my business really be paying 25% Corporation Tax?
One of the biggest headlines to emerge from the budget is that corporation tax will be rising to 25%. Business owners may well think this is a bit of a kick in the teeth, but all is not what it seems.
Budget 2021
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’.