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Self assessment late filing: COVID-19 is reasonable excuse

Self assessment late filing: COVID-19 reasonable excuse

HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns. However, taxpayers must submit the return as soon as possible and explain how they were affected by COVID-19 in the grounds for appeal. HMRC has also enhanced ‘Time to...

HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns. However, taxpayers must submit...

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Furlough claims: Monthly deadline approaching

Furlough claims: Monthly deadline approaching

HMRC has reminded employers that there are now monthly deadlines for furlough claims for furloughed staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi Sunak extended the CJRS until the end of April 2021. The CJRS was supposed to have ended after being scaled back to cover 60%...

HMRC has reminded employers that there are now monthly deadlines for furlough claims for furloughed staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor...

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Chancellor unveils £4.6 billion lockdown grant package

Chancellor unveils £4.6 billion lockdown grant package

Chancellor Rishi Sunak has announced a new £4.6 billion lockdown grant package to support businesses through the latest national lockdown. UK businesses in the retail, hospitality and leisure sectors are to be given one-off grants worth up to £9,000. The payments are expected to support 600,000 business properties across...

Chancellor Rishi Sunak has announced a new £4.6 billion lockdown grant package to support businesses through the latest national lockdown. UK businesses in the...

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Chancellor extends CJRS until end of April 2021

Chancellor extends CJRS until end of April 2021

Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of April 2021. Businesses adversely affected by the coronavirus (COVID-19) can make use of the CJRS until the end of April, with the government continuing to pay 80% of employees’ salaries for hours not worked...

Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of April 2021. Businesses adversely affected by the coronavirus (COVID-19)...

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Excluded from the SEISS Scheme? Here’s why

Excluded from the SEISS Scheme? Here’s why

The SEISS Scheme was welcomed as the UK went into its first national lockdown due to the coronavirus pandemic. Though many have benefited from this scheme, it has in fact left 3 million self-employed workers out of pocket. We’re taking a look into why this is.    New to...

The SEISS Scheme was welcomed as the UK went into its first national lockdown due to the coronavirus pandemic. Though many have benefited from...

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Monthly deadline approaching for furlough claims

Monthly deadline approaching for furlough claims

HMRC has reminded employers that there are now monthly deadlines for furlough claims for staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi Sunak extended the CJRS until the end of March 2021. The CJRS was supposed to have ended after being scaled back to cover 60% of...

HMRC has reminded employers that there are now monthly deadlines for furlough claims for staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi...

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