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Author: JW / / Latest News
Until 31 December 2020 the Annual Investment Allowance is £1 Million, this date was not extended in the March 2020 Budget hence it falls to its previous level of £200k on 1 January 2021.
Continue reading »Author: JW / / Latest News
Making Tax Digital (MTD) requires taxpayers to maintain electronic records and ‘communicate’ with HMRC digitally. Now is the time to look ahead and prepare for the next stages of the MTD programme.
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Earlier in the year we wrote to our clients asking if the Tax Enquiry Scheme would be of interest and at this time many of our clients decided to take up this additional service. BUT it’s not to late to join!
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The Government will be introducing a further support scheme to assist businesses who may not have enough work for their employees over the coming months.
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HMRC have released further information of the support schemes they have put in place to help businesses through the COVID-19 pandemic.
Continue reading »Author: JW / / Latest News
The Chancellor has announced that Self Assessment customers can now apply online to spread the cost of their tax bill into monthly payments without the need to phone HMRC to organise.
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