The Government has today announced that MTD for Self Employed & Landlords will be delayed for one year, until April 2024 and Partnerships, until April 2025 Read the full statement: Statement The Government has set out an ambition to become one of the most digitally advanced tax authorities in the world. Making Tax Digital (MTD)… Continue reading Update on Making Tax Digital (MTD)
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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
The End of the Coronavirus Job Retention Scheme (CJRS)
The CJRS is due to close on 30th September The last day that you will be able to claim for is 30th September Final claims for September must be submitted by Thursday 14th October Once the scheme closes, you will need to: bring employees back to work on their agreed terms and conditions agree any… Continue reading The End of the Coronavirus Job Retention Scheme (CJRS)
Autoenrolment for Pensions
Autoenrolment is a Government Initiative that requires all employers to put eligible employees into a pension scheme. The employee pays a percentage of their wages and so does the employer, unless the employee chooses to opt out Employers must do the following in relation to Autoenrolment: Work out who to put into a pension Choose… Continue reading Autoenrolment for Pensions
Companies House Webinar Series: Starting and Running a Company
Starting from 22nd September at 10:30am, Companies House have a series of 30 minutes webinars to help those wanting to start a company or already running one Wed, Sep 22, 2021 10:30 AM – 11:00 AM Directors’ Responsibilities: Your accounts and how to avoid late filing penalties https://register.gotowebinar.com/register/7291875770643036171?source=Gov+UK%20 Wed, Sep 29, 2021 10:30 AM –… Continue reading Companies House Webinar Series: Starting and Running a Company
Tax Changes for Health and Social Care
Yesterday the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across the UK. National Insurance contributions (NICs) will increase by 1.25% for one year only for employees, employers and the self-employed from April 2022. This will cover both Class 1 (employee and employer), Class 1A… Continue reading Tax Changes for Health and Social Care
HMRC Webinars: Tips for EU Trade
If your business moves goods between the UK and countries in the EU, you’ll need to follow new customs and tax rules. Your business will be affected by the new rules if you: buy goods from an EU seller and bring them into the UK send goods you’ve sold to a buyer in an EU… Continue reading HMRC Webinars: Tips for EU Trade
SEISS Updated Information
SEISS Information The claims service for the fifth SEISS grant is now open and those eligible have until 30 September 2021 to submit their claim. The latest SEISS updates: Delays to processing some 2020-21 Self Assessment tax returns As HMRC shared in their last update, there is a delay to processing some 2020-21 tax returns… Continue reading SEISS Updated Information
Changes To Right To Work Checks
Changes to right to work checks from 1 July 2021 Following the 30 June 2021 deadline for applications to the EU Settlement Scheme, the process for completing right to work checks on EU, EEA, and Swiss citizens has now changed. Employers can no longer accept EU passports or ID cards as valid proof of right to… Continue reading Changes To Right To Work Checks
Updated Covid-19 Workplace Posters
On Monday 19th July, England saw lifting of further restrictions and these restrictions removed from law, with the public encourages to continue with actions designed to help reduce the spread of Covid-19 Businesses and employers should remove any outdated workplace posters they are displaying relating to Covid-19 Updated workplace posters are available to download on… Continue reading Updated Covid-19 Workplace Posters