As highlighted in the Spring Budget 2021, The Coronavirus Job Retention Scheme (CJRS) has been extended until 30 September 2021. The level of grant available to employers will stay the same until 30 June. From July 2021 however, there will be a phased reduction in... read more
In the Spring Budget 2021, Rishi Sunak outlined further support for self-employed workers. In addition to the upcoming fourth grant, there will also be a fifth Self-Employment Income Support Scheme (SEISS) grant covering the five months to 30 September 2021. What’s... read more
HMRC has announced that Self-Assessment customers won’t be charged the initial 5% late payment penalty providing they pay their tax or make a Time to Pay arrangement by 1 April 2021. The submission and payment deadline for Self-Assessments is 31 January, with interest... read more
The government has announced that anyone who made a claim for the Bounce Back Loan Scheme (BBLS) can delay repayments by an extra six months. The scheme was introduced shortly after the UK went into its first lockdown last year in a bid to help small and medium-sized... read more
The deadline for claiming the third instalment of the Self-Employment Income Support Scheme (SEISS) is rapidly approaching. If you’re self-employed and have been negatively affected by coronavirus, you have until 29 January 2021 to make your claim. You can find out if... read more
It will come as a relief to many that HMRC has extended the deadline for the submission of 2019/20 Self-Assessment Tax Returns. The traditional 31 January deadline has been extended to 28 February and customers will not receive a penalty providing they file their... read more
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