Many local councils are bringing their application deadlines for the Omicron Hospitality and Leisure Grants forward to give them time to process and determine grants before the 28 February 2022. Check your local authority website.
Your Self Assessment tax return can be complicated, especially when you consider the impact Covid and business support grants have had on your profits.
Supplies made by the hospitality industry that have been subject to a 5% VAT rate since July 2020, will become liable to 12.5% VAT between 1 October 2021 and 31 March 2022.
A recap of HMRC’s proposals to reform the penalties for late submissions to a points based system.
HMRC is making SEISS (Self-Employment Income Support Scheme) auto-corrections to 2020/21 tax returns where it believes the total of declared SEISS grants received does not match their records.