by MAS | Dec 9, 2021 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC
The latest version of the CT600 Corporation Tax Return requires companies to report CJRS furlough payments received and the amounts that the company was entitled to during the period. HMRC have updated their guidance on repaying any Coronavirus Job Retention Scheme...
by MAS | Dec 8, 2021 | Business advice
The Government is testing a new online service for employers which provides advice and guidance on managing health and disability in the workplace. This may be particularly helpful for smaller businesses without an in-house HR function. By taking part you will receive...
by MAS | Dec 7, 2021 | Brexit, Business advice, Financial news, HMRC
HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021. Most customers will have to...
by MAS | Dec 1, 2021 | Business advice, Financial news, HMRC, NIC, Tax
HMRC updates its advisory rates for business miles undertaken in company cars quarterly. The latest figures are now available – what impact has the recent rise in fuel costs had? Where employees undertake business-related mileage in a company owned car, HMRC...
by MAS | Oct 30, 2021 | Business advice, CIS, Financial news, HMRC, NIC, PAYE, Tax
Date What’s Due 1/11/21 Corporation tax for year to 31/01/2021 unless quarterly instalments apply 19/11/21 PAYE & NIC deductions, and CIS return and tax, for month to 5/11/21 (due 22/11 if you pay electronically) 1/12/21 Corporation tax for year to 28/02/2021...
by MAS | Oct 27, 2021 | Business advice, Financial news, HMRC, Tax
HMRC has obtained information about those who have bought or sold cryptocurrencies and says it will be writing to them in November. How should you respond if you receive a letter? HMRC has said it will send so-called “nudge letters” to anyone for whom it’s been sent...