B M HowarthVAT REVERSE CHARGE – CHANGES FROM 1 MARCH 2021With effect from 01/03/2021 work carried out in the Construction Industry Scheme, and VAT could be subject to the new rules The reverse...
B M HowarthTemporary Penalty Suspension For Late Capital Gains Tax Returns HMRC have confirmed sellers of UK residential property, where a Capital Gains Tax Return is required within 30 days of completion, will...
-Retention Scheme and Payroll SupportThe Coronavirus Job Retention Scheme is a government grant to reimburse employers for 80% of furloughed workers net wage to a maximum of...
-VATPayment Deferral Ends 30 June 2020 If you cancelled your VAT Direct Debit you will now need to set this up again to ensure you do not...
-Business Interruption Loan SchemeThe temporary Coronavirus Business Interruption Loan Scheme supports SMEs with access to loans, overdrafts, invoice finance and asset...
-Support for Businesses Paying TaxAll businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support...
-Increase to Working Tax CreditsThe basic element of Working Tax Credit has been increased by £1,045 to £3,040 from 6 April 2020 until 5th April 2021. The amount a...
-HMRC “Support for Business” ProvisionsCorona virus Job Retention Scheme Deferring VAT and Self-Assessment payments Self-employment Income Support Scheme Statutory Sick Pay...
-Business Rates Reliefs and GrantsBusinesses that qualify for Small Business Rate Relief The government will provide additional funding for local authorities to support...