A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
Stuart Hulland, Partner at Bates Weston gives an update on the next phase of Making Tax Digital, MTD for Income Tax Self Assessment, now that the MTD VAT deadline has passed.
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.
A summary of the timelines involved as government Covid-19 support measures are wound down.
Step 4 summary of government’s plans for England post easing of Covid-19 restrictions on 19 July. Includes 5 point plan for living with Covid and main changes affecting businesses.
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.
A recap of the changes to the CJRS or furlough scheme from 1 July 20.
HMRC report indicates trends towards cashless payments will continue. Kay Brookes, partner at Bates Weston looks at how cashless payments can help with cashflow management.
Lockdown easing in England delayed until 19 July. Understand what is changing on 21 June and what is not. Business leaders call for corresponding extensions to the business support packages.
A short summary of the first and second reports on the Capital Gains Tax Review published by the Office of Tax Simplification and the outlook for CGT from our tax team.
The Charities Bill should reduce day to day bureaucracy for the Charities sector, whilst maintaining oversight.
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.
The key issues that make the super deduction capital allowance, not quite so super after all.
Restructuring a business when outgrowing a Family Investment Company through a demerger can be a tax efficient way to allow family members to pursue different commercial goals.