by MAS | Apr 30, 2021 | Business advice, Corporation Tax, NIC, PAYE
MAY/JUNE 2021 Date What’s Due 01/05 Corporation tax payment for year to 31/07/20 (unless quarterly instalments apply) 19/05 PAYE & NIC deductions, and CIS return and tax, for month to 5/05/21 (due 22/05 if you pay electronically) 01/06 Corporation...
by MAS | Apr 23, 2021 | Coronavirus, Covid-19, HMRC, VAT
HMRC has warned businesses that took advantage of the coronavirus VAT deferral scheme last year that a key penalty deadline is looming. What’s the story? At the start of the first lockdown, HMRC announced that VAT payments due between 20 March 2020 and 30 June 2020...
by MAS | Apr 17, 2021 | Covid grants, Covid-19, Financial news, HMRC, Self Assessment, Self employed
Fourth SEISS Grant Some of you who are self employed may not be eligible to claim the fourth SEISS grant, which covers the period of February 2021 to April 2021, and this is why: you are not registered as self-employed with HMRC before coronavirus restrictions, your...
by MAS | Apr 11, 2021 | Covid grants, Covid-19, Financial news, HMRC, Self Assessment, Self employed
Who can claim a SEISS grant? Only those who complete the self-employment or partnership trading pages of a Self-Assessment tax return, with trading profits of less than £50,000 and most of your income from self-employment. Those who earn income from property cannot...
by MAS | Apr 10, 2021 | Coronavirus, Covid grants, Covid-19, Financial news
How to apply 1. Find a lender Choose an RLS accredited lender 2. Approach a lender Approach a lender yourself, ideally via its website. Not every accredited lender can provide every type of finance available under RLS, so see the lenders’ websites for more...