by yasiradnan94 | Jun 2, 2021 | Accounting, Advice, Business, Small Businesses, Tax planning
All tax credit claimants should have received their renewal pack by 4 June 2021. If you have not received your renewal pack you should contact HMRC on 0345 300 3900. You can renew your claim online at www.gov.uk/renewing-your-tax-credits-claim. If your income has...
by yasiradnan94 | May 31, 2021 | Accounting, Advice, Business, Financial planning, News, Small Businesses
The Bounce Back Loan Scheme (BBLS) was designed to enable UK businesses to access finance quickly during the Covid-19 pandemic. Businesses that were losing revenue and seeing their cashflow disrupted as a result of the outbreak were able to apply for loans of up to...
by yasiradnan94 | Apr 23, 2021 | Accounting, Business
Over the years we’ve seen many landlords miss out on valuable tax relief for the simple reason that they’re not aware of the full range of expenses they can claim against their rental profits. This blog aims to cover some of the areas landlords should review to...
by yasiradnan94 | Mar 31, 2021 | Accounting, Advice, Business, Freelancers, News
Self-employed individuals will be able to apply for the fourth SEISS grant from late April if they submitted their tax return for 2019-20 by midnight on 2 March 2021 (it was due by 31 January 2021). HMRC has asked for additional evidence from two categories of...
by yasiradnan94 | Mar 12, 2021 | Accounting, Advice, News
The Chancellor announced that taxes would have to rise, but not quite yet, as all tax rates except for VAT are frozen for 2021-22. Large companies will then see their corporation tax rate rise from 19% to 25% from 1 April 2023. Companies making no more than £50,000...
by yasiradnan94 | Feb 19, 2021 | Accounting, VAT
From 1st March 2021 new rules for VAT in the construction sector are set to be introduced. These rules are commonly known as domestic reverse charge for construction services. These changes were first announced in 2017 and were due to be implemented originally in 2019...
