Category Archives: self employed

Spring Budget 2021- CJRS & SEISS schemes

9th March 2021 Posted by -

The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme will be extended until the 30 September 2021. The Chancellor

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Claiming Self-Employed Income Support Scheme grants

1st March 2021 Posted by -

Under the third Self-Employed Income Support Scheme (SEISS) grant, claimants received up to 80% of average trading profits for November and December

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How much do your customers owe you?

17th February 2021 Posted by -

Many business owners are buoyed by turnover; if it’s sold it’s as good as money in the bank, but is it? What are your credit terms? How many days do

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Did you miss the Self-Assessment deadline?

4th February 2021 Posted by -

HMRC has announced that more than 10.7 million people submitted their 2019-20 Self-Assessment tax returns by the 31 January deadline. This leaves over

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No late online filing penalties until …

28th January 2021 Posted by -

HMRC has announced that fines for taxpayers that file their Self-Assessment returns late will be waived until 28 February 2021. The filing deadline for 2019-20 returns remains at 31 January 2021. HMRC

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Online tax payment plans

21st January 2021 Posted by -

New figures published by HMRC have revealed that some 25,000 taxpayers have set up an online payment plan to manage their tax liabilities spreading payments of £69 million for up to 12 monthly

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Government tackles late payment to small firms

19th January 2021 Posted by -

The Government has announced an overhaul of the Prompt Payment Code (PPC). Under the new reforms, companies that have signed up to the PPC will be obliged to pay small businesses within 30 days -

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Image shows a blue Tax Return button

Did you file your tax return on Christmas Day?

7th January 2021 Posted by -

A new press release by HMRC has highlighted that 2,700 taxpayers took the time to file their tax return online on Christmas Day with a further 8,500 taxpayers completing their tax returns on Boxing

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