Tax Administration Framework Review
The ICAEW comments on the Tax Administration Framework Review consultation which closed on 13 July 2021.
Reporting tax on self-employed profits
Consultation document proposes moving from a current (accounting) year basis to a tax year basis for reporting tax on self-employed profits.
Details of fifth SEISS grant
HMRC has published guidance on how to work out turnover if you are eligible for the fifth SEISS grant. If you are eligible HMRC will contact you in mid July, with online claims service available from late July. Claims must be made by 30 September.
What should you expect from your accountant?
Raise your expectations. The right accountant on your team makes a real difference to running your business day to day and helps you plan ahead with confidence.
Off Payroll Working Guide
A guide to the new off payroll working rules, effective from 6 April 2021 and the actions personal service company directors may need to take.