New self-employment grants announced

New self-employment grants announced

The UK Government has announced that the Self-Employment Income Support Scheme (SEISS) will continue until September 2021 with a fourth and fifth self-employment grant. Eligible customers will be contacted in mid-April to tell them how they can claim. These grants are...
IR35: Arriving in April 2021

IR35: Arriving in April 2021

According to Wikipedia, IR35 refers to the United Kingdom’s anti-avoidance tax legislation designed to tax ‘disguised’ employment at a rate similar to employment. In this context, “disguised employees” means workers who receive payments...
Self-assessment deadline looming…

Self-assessment deadline looming…

As the deadline for submitting the self-assessment return is approaching, here is our list of things which are often forgotten, misreported or miscalculated on the tax self-assessment forms. Register on time You have to register with HMRC for self-assessment for a...
Spread your Self Assessment tax bill

Spread your Self Assessment tax bill

According to the government’s Winter Economy Plan, taxpayers are allowed to spread their payment over an additional 12 months from 31 January 2021┬ávia an online self-service Time to Pay facility. The taxpayers can use the Time to Pay┬áservice when their tax bill...
Brexit: What’s Next

Brexit: What’s Next

While the world is overwhelmed with the COVID-19 crisis, the Brexit plans are going ahead. Predictably, they will have a financial and legal impact on our business and everyday life. AAT, a professional membership body, collected a list of “what accountants...