by MAS | Aug 28, 2021 | Accounts, Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, Self Assessment, Self employed
The fifth (and final) SEISS grant became available to claim in late July. HMRC should have contacted you if you are eligible. Self-employed traders need not have claimed grants previously to qualify but will be required to confirm that their business continues to be...
by MAS | Aug 7, 2021 | Business advice, Corporation Tax, Financial news, HMRC, NIC, PAYE
Date What’s Due 1/08 Corporation tax for year to 31/10/20 (unless pay quarterly) 19/08 PAYE & NIC deductions, and CIS return and tax, for month to 5/8/21 (due 22/08 if you pay electronically) 1/09 Corporation tax for year to 30/11/20...
by MAS | Aug 3, 2021 | Coronavirus, Financial news, HMRC, Self Assessment, Self employed, Tax, VAT
Tax Evasion New data shows HMRC opened 102,000 compliance investigations in early 2021, into taxpayers suspected of tax evasion and avoidance, implying they are beginning to scale up enforcement activity against individuals that have underpaid tax. HMRC is working...
by MAS | Aug 2, 2021 | Business advice, Coronavirus, Covid-19, Financial news, HMRC, Tax, VAT
Deferred Payments More than one in four businesses that were allowed to defer tax payments during the spring lockdown last year still owe the Treasury billions. The numbers raise fears that the government will never recoup much of the coronavirus support. HMRC has...
