Latest news
VAT deferral – apply now to spread your payments
The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March and 30 June 2020 and have been unable to pay in full by 31 March 2021. You can apply now to spread these payments – businesses that join by 19 May...
The fourth grant of the Self-Employment Income Support Scheme (SEISS) is now open
The online claims service for the fourth grant of the Self-Employment Income Support Scheme (SEISS) is now open to all eligible customers. The claims service will close on 1 June 2021. To help you support your clients, here are the latest updates on the scheme...
VAT deferral new payment scheme
The new payment scheme helps businesses with deferred VAT to pay what they owe in smaller, monthly instalments from March, interest free. The scheme is now open, and you can choose to make 2-11 monthly payments, depending on when you join. The later you join the fewer...
Coronavirus Job Retention Scheme extended until the end of September
The UK government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of June 2021. For periods in July, CJRS grants will cover 70% of employees’ usual wages for the hours not worked, up to a...
The deadline for claiming the third SEISS grant is fast approaching
If you are eligible, you must make a claim on or before 29 January 2021. As with the first and second SEISS grants, the third grant will be subject to Income Tax and self-employed National Insurance and must also be reported on your clients’ 2020-21 Self...
It’s not too late to get help with your tax return
Earlier this week, HMRC announced that customers will not receive a late filing penalty for completing their 2019-20 tax return after 31 January, as long as they file online by 28 February. We are still encouraging customers to file by 31 January, if they...
Warning over texts offering fake HMRC grants
A wave of scam text messages are being received across the UK, potentially duping people into giving up their card details in order to claim a non-existent government grant. The scam has been quickly designed to take advantage of confusion following yesterday's...
Self Assessment deadline: less than a month to go
Around 5.4 million Self Assessment customers have less than a month to complete their tax return, HM Revenue and Customs (HMRC) announced today (5 January 2021), ahead of the deadline on 31 January. HMRC expects 12.1 million tax returns to be filed this year. Around...
HMRC starts ‘eat out to help out’ compliance checks
HMRC is writing to 4,000 businesses who took part in the government’s eat out to help out (EOTHO) scheme for half price meals in bars and restaurants, asking them to verify their claims According to Treasury figures, more than 84,700 food and drink establishments took...