By Tom Maxwell In Advice, Blog, NewsPosted 10/03/2021 File outstanding self-assessment returns now to avoid further penalties. HMRC reported that around 1.1m taxpayers had still not filed their self-assessment tax return on 2 March. The late-filing penalty was only waived by HMRC until the end of February, meaning those [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 09/03/2021 COVID-19 Update – 9 March – Pre-verification checks for new SEISS claims Some taxpayers who became newly self-employed during 2019/2020 will be able to apply for the fourth SEISS grant, but you might have to complete pre-verification checks before being able to make a [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 09/03/2021 COVID-19 Update – 9 March – Digital and Rural Grants Lincolnshire County council have developed new funding schemes to support businesses to move towards increased digitisation and help rural business purchase capital equipment to respond to the [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 04/03/2021 Our summary of the Chancellor’s 2021 Budget Our summary of the Chancellor’s 2021 Budget is now available. Click here to download your booklet. Our budget summary provides an overview of the key announcements arising from the Chancellor’s [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 03/03/2021 Wright Vigar budget review As ever, our detailed summary of key changes will be available tomorrow, but for now we want to share some of the good news to assist us through the next few months. There has been much [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 24/02/2021 Summary of the Prime Minister’s Roadmap Visit Lincoln kindly shared a breakdown of the roadmap outlined in the Prime Minister’s statement on 22 February and we have summarised the key points below for you. In the announcement the Prime [...] 0 Read More
By DBS In Advice, BlogPosted 23/02/2021 Business tips for being self-employed When it comes to finances, many self-employed people can feel overwhelmed. This is why accountants are here to help. Here are some business tips for being self-employed that can help keep your [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 23/02/2021 SA late payment penalties waived until 1 April Due to the current circumstances, self-assessment taxpayers have been granted an additional 4 weeks (until 1 April) to pay tax or set up a payment plan with HMRC without being charged the usual [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 18/02/2021 IR35 Off-Payroll Working from 6 April 2021 As a result of the coronavirus pandemic, the changes to the off-payroll working rules were delayed for a year until 6 April 2021. With the date approaching quickly, we have summarised in this [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 17/02/2021 Lincolnshire County Council launches a new fund. A new fund will be made available to small business that have been impacted by COVID-19, being unable to fully trade and have not benefited from government support schemes. Lincolnshire County [...] 0 Read More