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The Treasury has advised banks that provide Bounce Back Loans to offer a more flexible approach regarding repayments, called Pay as You Grow, which is good news for small businesses. Pay As You Grow (PAYG) The new... read more
If you cannot pay your tax bill then you can set up a tax payment plan with HMRC if you owe Self Assessment tax. If your bill is less than £30,000 you may be able to... read more
HMRC have finally published guidance on paying the deferred VAT and will be opening the new payment scheme on 23rd of February. Would it help to pay in instalments? If you join by the 23rd... read more
Tax Return Deadline Extended With days left before 31 January, HMRC’s chief executive Jim Harra has finally conceded that HMRC will extend the tax return deadline and will not charge late filing penalties for online tax... read more
Following a rapid rise in COVID infections, from yesterday 5th January 2021, England has been placed into a new lockdown and now the Chancellor has announced £4.6 billion of new lockdown grants to help support... read more
HMRC have responded to a letter from all the main accounting bodies to extend the January 31st tax return deadline this year and remove tax return penalties. HMRC’s chief executive Jim Harra said to do... read more
We are delighted to announce that we have won the title of Accountant of the Year 2020 from Unbiased, the leading online resource to connect individuals and businesses to professional advisors, after giving sound HMRC... read more
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