HMRC has announced that there will be no penalties for late filing of the Self Assessment 2019/20 tax returns which were due to be filed on 31 January 2021. The new due date is 28 February 2021.
Self Assessment tax payments due to be paid by 31 January 2021 still stand and interest will be charged from 1 February 2021 on any outstanding liabilities. For more information on how to pay your tax liability please follow the link.
The run up to the end of the tax year on 5 April 2025 is a good time to check that your family and business finances are arranged in the best way possible. In this Year End Tax Planning Guide, we look at useful ways to take advantage of available tax reliefs and planning opportunities. […]
The Employment Allowance (EA) is an annual offset against your Employer’s National Insurance (NI) cost that you pay on top of your staff’s wages. From the 2025-26 tax year, the EA will be increasing to £10,500 per year (up from the current £5,000) which covers the Employer’s NI cost of 4 employees working 35 hour […]
We use cookies to ensure you get the best experience on our website. Read more in our privacy policy.
