A further package of business support has been made available by the Welsh Government to support businesses with a turnover of less than £85,000 that have been adversely impacted by COVID-19 restrictions in May and June. Note – if your turnover is greater than £85,000...
This month, sole traders and partnerships can apply for the 4th phase of the Self Employment Income Support Scheme. There are some changes to the 4th phase in comparison to phases 1 to 3 so if you were not eligible to claim previously, that may not be the case this...
Tax Rates 2021 – 2022 – There is a wealth of information in this document, I hope you find them useful but as ever please get in touch if there’s any aspect you would like to discuss. View Tax Rates 2021 – 2022 here
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’. Read the full budget here
First of all, I’m sure you saw that the Budget was announced yesterday. We are in the process of collating a document that summarises the key points that arose and this will be sent out to you as soon as it’s ready. In the meantime, the ERF Sector Specific Fund Phase...
Payment of Self Assessment Income Tax usually due by 31 January If you have not yet paid your income tax for the year ended 5 April 2020 that was due by the 31 January then there is good news – HMRC has announced that you will not be charged the initial 5% late...
