Coronavirus grants and payments to support businesses during the pandemic are taxable. If you are a Limited Company and received any coronavirus support grants or payments, it is important to make sure you have the latest information so you can complete your Company Tax Return (CT600) accurately. If you need to complete a Company Tax… Continue reading Declaring Coronavirus Business Support Grants and Payments For Your Company
Category: General
Complete Your Self Assessment Tax Return by 31st Jan
The deadline to submit your return and to pay any tax you owe is 31 January 2022. But you don’t have to wait until January – you can file your return now and then know how much tax you need to pay Complete your return now Go to your ‘Self Assessment’ online account. Please remember… Continue reading Complete Your Self Assessment Tax Return by 31st Jan
Changes to Customs Declarations from 1 January 2022
Customs Declarations From 1 January 2022, you will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021. Most importers will have to make declarations and pay relevant tariffs at the point of import. Before 1 January 2022, you should consider how you are… Continue reading Changes to Customs Declarations from 1 January 2022
Business Expenses For Self-Employed
Claim the right business expenses and you’ll only pay the tax you owe. HMRC are running a series of support webinars for the latest information with the change for you to ask questions Business expenses for the self-employedThis webinar will look at the most common business expenses, explain what is and isn’t allowable and how… Continue reading Business Expenses For Self-Employed
Final Claims for The Statutory Sick Pay Rebate Scheme
The SSP Rebate Scheme closed on 30 September and you have until 31 December to submit any final claims, or to amend claims you have already submitted. If you are an employer with fewer than 250 employees and if you’ve paid SSP to employees for sickness absence or self-isolation that was coronavirus-related on or before 30 September, you could be… Continue reading Final Claims for The Statutory Sick Pay Rebate Scheme
Plastic Packaging Tax
Are you a business that manufactures or imports plastic packaging? If so, sign-up for HMRC’s Plastic Packaging Tax (PPT) webinars to learn more about what you need to do before the tax comes into force on 1 April 2022. HMRC’s webinars will give you the further information you need to get ready for the tax… Continue reading Plastic Packaging Tax
National Minimum Wage – Elements of Pay
Wages can be complex and different elements of pay affect the National Minimum Wage differently. Misunderstanding of what can be included in minimum wage calculations is a common cause of underpayment – even amongst employers who think they are paying minimum wage rates, or above. HMRC is offering three live webinars, covering elements of pay… Continue reading National Minimum Wage – Elements of Pay
Your Business Journey to Net Zero
Are you interested in practical solutions to help achieve your low-carbon goals? Your Business Journey to Net Zero, is a series of locally focused virtual events, designed to help small businesses who want to play their part in climate change, but don’t know where is best to start. The events will deliver tools, solutions and… Continue reading Your Business Journey to Net Zero
Report Your SEISS Grants
Claims for the fifth and final SEISS grant have now closed and anyone who has claimed at least one grant should shortly receive a letter from HMRC regarding reporting any grant on their tax return as well as what to do if your circumstances have changed since claiming It is important to remember that all… Continue reading Report Your SEISS Grants
Check Employment Status for Tax (CEST) Tool
The Check Employment Status for Tax tool gives you HMRC’s view of a worker’s employment status, based on the information you provide. It can also be used to check if changes to contractual terms or working arrangements may alter a worker’s employment status. You do not have to use the tool to make employment status… Continue reading Check Employment Status for Tax (CEST) Tool