300,000 tax credits customers yet to renew claims a week before deadline: HMRC With the 31 July deadline looming, more than 300,000 tax credits customers have just over one week to renew their claims, HMRC reports. There’s less than a week to go before tax credits claims reset, and HM Revenue and Tax (HMRC) is […]
300,000 tax credits customers yet to renew claims a week before deadline: HMRC Read More »
HMRC updates templates for CJRS claims If employers are claiming for between 16-99 employees they should use this template, if they are claiming for 100 or more employees they should use one of these templates. They need to enter all of the information in the right format before uploading the completed template, so their claim
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Just one month till deadline to join VAT Deferral New Payment Scheme HM Revenue and Customs is calling on businesses to act now to join the VAT Deferral New Payment Scheme, with just one month to go before the online portal closes on 21 June 2021. It has already proved a popular resource for businesses
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HMRC explains new penalty regime and VAT deferral scheme deadline Santhie Goundar reports on the upcoming new penalty regime for VAT and income tax, and the closure of the VAT deferral New Payment Scheme next month. HMRC held sessions at the Accountex Virtual Summit on 12–13 May, explaining how its new penalty regime (coming into
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£4.6bn in business grants announced following latest lockdown The government has announced £4.6 billion worth of one-off top up grants for retail, hospitality and leisure businesses of up to £9,000 per property to help businesses through the latest lockdown. The announcement comes as Prime Minister Boris Johnson revealed last night that businesses will be closed
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HMRC answers pressing concerns as CJRS and SEISS deadlines loom HM Revenue & Customs has addressed some frequently asked concerns regarding the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme ahead of the upcoming claims deadline. In a recent email notice, HMRC Chief Executive and First Permanent Secretary Jim Harra reminded accountants and
HMRC answers pressing concerns as CJRS and SEISS deadlines loom Read More »
Coronavirus Job Retention Scheme Claims under the Coronavirus Job Retention Scheme (CJRS) are currently open for pay periods in November and December 2020. You have until 11.59pm Monday 14 December to submit claims for November.
Coronavirus Job Retention Scheme Read More »
Covid-19: Guidance on paying deferred VAT updated HMRC have updated their guidance on paying deferred VAT to reflect that businesses wishing to use the new payment scheme need to opt in by the end of March 2021. View the updated guidance at https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19
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Covid-19: Christmas grant for ‘wet-led pubs’ The Government has announced that pubs in tiers 2 and 3, that predominantly serve alcohol rather than food, will receive a £1,000 Christmas period grant. The payment will be a one-off for December 2020 and will be paid on top on the existing £3,000 monthly cash grants for businesses.
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