by MAS | Mar 25, 2021 | CIS, Financial news, HMRC, NIC, PAYE, Tax, VAT
1 April Digital links required in Making Tax Digital for VAT returns. 5% late payment penalty on any 2019/20 outstanding tax which was due on 31 January 2021 and still remains unpaid. 5 April Last day of the 2020/21 tax year. Deadline for 2020/21 ISA investments and...
by MAS | Mar 3, 2021 | Budget, Business advice, Corporation Tax, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC, NIC, PAYE, Self Assessment, Self employed, Tax
Chancellor Rishi Sunak set out the government’s tax and spending plans for the year ahead. Here is a summary of the main points. Coronavirus support the Coronavirus Job Retention scheme (furlough scheme) will be extended until the end of September 2021....
by MAS | Feb 26, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, MAS Blog, PAYE
The Kickstart Scheme offers funding to create new job placements for 16 – 24 year olds on Universal Credit at risk of long term unemployment due to Coronavirus. Employers of all sizes can now apply for funding which covers: 100% of the National Minimum Wage for...
by MAS | Jan 29, 2021 | HMRC, PAYE
2 February Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 January 2021. 19 February PAYE, Student loan and CIS deductions are due for the month to 5 February 2021Key tax dates for
by MAS | Dec 15, 2020 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, PAYE
New penalties for overclaimed CJRS, SEISS and “Eat Out to Help Out” grants HMRC have announced that they will be imposing penalties of up to 100% of the amounts overclaimed on businesses so make sure that your claims are correct.
by MAS | Dec 15, 2020 | Financial news, HMRC, NIC, PAYE, Self Assessment, Tax
DECEMBER 2020 / JANUARY 2021 Date What’s Due 1/12/20 Corporation tax for year to 28/02/2020 unless quarterly instalments apply 19/12/20 PAYE & NIC deductions, and CIS return and tax, for month to 5/12/20 (due 22/12 if you pay electronically) 30/12/20 Deadline for...
