MTD for VAT legislation – 1st April 2022

Making Tax Digital For VAT – are you ready?All VAT registered businesses must now take the necessary steps to prepare for Making Tax Digital for VAT before it becomes mandatory on 1 April 2022. For the first VAT period beginning on or after 1st April 2022 all remaining VAT registered businesses – even those below…

Beware: SEISS Penalties & Claims

Beware: SEISS Penalties & ClaimsThe Treasury has provided HM Revenue & Customs with substantial resources to investigate and recover incorrectly claimed government support. While many businesses are seeing a gradual return towards normality and, as much of the government support is set to come to an end, HMRC will begin the process of investigating and…

Fourth Self-Employment Grant – Can You Claim?

Fourth Self-Employment Grant – Can You Claim?New eligibility criteria means that it is important that taxpayers consider their eligibility carefully before claiming the fourth SEISS Grant. HM Revenue & Customs have been contacting previous Self Employed Income Support applicants to inform them of whether they may be eligible or ineligible for the fourth tranche of…

Self-Employed Grant: Claim from 30th November

Self-Employed Grant – Claim from 30th NovemberThe third instalment of Self-Employed Income Support can be claimed from 30th November 2020. The third instalment of Self-Employed Income Support (SEISS) can be claimed from Monday 30th November 2020. As a result of the continued impact of coronavirus on business, including the requirement for lockdown measures and trading…