Accountancy & Business Blog
The ATED return for 2021-22 is due by 30 April 2021
The Annual Tax on Enveloped Dwellings (ATED) return for 2021 to 31 March 2022, and any tax due for the year, is due by 30 April 2021. What is the...
Coronavirus Restart Grant
Businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors can now access one-off cash grants of up to...
Could the current tax payment timings change?
Millions of taxpayers in the UK could face earlier tax payments as part of the Government’s 10-year strategy to build a “trusted, modern tax...
COVID vaccination success provides businesses with confidence
The success of the COVID vaccination programme helped to instil confidence within many UK businesses once more. A survey revealed that the number of...
Gender pay gap – what does this mean for pensions?
Research suggests that the average woman in her twenties today will retire with £100,000 less in her pension than her male peers. If women want to...
Budget 2021
In the year since the Chancellor, Rishi Sunak, delivered his first Budget to a packed Commons chamber in March 2020, more than 135,000 people in the...
MPs call for business rates cut in 2021 Budget
A total of 45 MPs in England are calling for Chancellor Rishi Sunak to cut business rates in England from 50 per cent of the market rent to 35 per...
VAT Deferral New Payment Scheme goes live
HM Revenue & Customs (HMRC) has announced that its online VAT Deferral New Payment Scheme is now open for applications to help businesses...
Budget 2021: Hospitality businesses call for extended VAT cut
Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi Sunak to extend the VAT...
Pub industry calls for reopening of the sector as sales halve
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as...
The VAT Deferral New Payment Scheme
Any business that deferred VAT payments due between 20 March and 30 June 2020 as a result of the Coronavirus pandemic, must now consider how they...
Online sales tax proposal for Autumn Budget
The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the...
Kickstart Scheme: the changes from 3 February 2021
According to a report by the Department for Work and Pensions (DWP), the Kickstart Scheme has supported over 120,000 young people find employment,...
EU exports halt as UK firms encounter extra charges
Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes...
Only a few days are left to submit applications for the third SEISS grant
Any applications for the latest round of the Self Employment Income Support Scheme (SEISS) must be submitted by the deadline on 29 January 2021....
IR35: Businesses are still not prepared for off-payroll working rules
According to a recent study, many UK firms are not adequately prepared for the off-payroll tax rule changes for the private sector to start in April...
Self-Assessment: HMRC set to waive fines for late returns due to COVID-19
HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay...
CJRS: Main changes to the extended scheme
Towards the end of 2020, the Chancellor announced the furlough scheme’s extension until 30 April 2021, which will continue to contribute 80 per cent...
Employers: call for furlough scheme to be introduced to working parents while schools are closed
The Trades Union Congress (TUC) states that working parents with children, who struggle to balance their work-life and childcare, should be put on...
Coronavirus furlough and loan schemes further extended
As businesses prepare to enter a new year, the Chancellor Rishi Sunak has confirmed a further extension to the Government-backed loans and...
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