Like the CJRS scheme for employers the Self-Employed Income Support Scheme (SEISS) has been extended to September 2021and details of claims for the fourth grant have now been released. This fourth grant covers February, March and April 2021. There will […]
Author: Heather Shields
details of the latest CJRS ‘furlough’ grants
The fourth version of the CJRS “furlough” grant scheme starts on 1 May 2021 and will run until 30 September with employees affected continuing to be supported such that they are entitled to be paid at least 80% of their […]
HMRC temporarily waives 5% late penalty fee
HMRC is giving more time to pay or to set up a payment plan for Self-Assessment because of the impact of COVID-19. Consequently, Self-assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set […]
The Coronavirus Job Retention Scheme has been extended until 30 April 2021
If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being […]
How to ask HMRC not to publish your CJRS claim details?
You can request that HMRC does not publish details about your CJRS claim, if you can show evidence that it would result in serious risk of violence or intimidation to: you or anyone living with you. an individual associated with […]
Pay Coronavirus Job Retention Scheme (CJRS) grants back.
If you have overclaimed for CJRS then HMRC encourages employers to pay all or some of the grant back or if you do not need the grant and want to make a voluntary repayment you can do so using the […]
Self-assessment: what you need to know for last-minute filing
HMRC said 2,700 taxpayers took time out on Christmas day to go online and file their self-assessment tax return for 2019/20. The latest numbers from HMRC is 8.9m taxpayers have now submitted their tax return. However, 3.2m have yet to […]
CLAIM YOUR “FURLOUGH” GRANT BY 14TH
On 17 December 2020, the Chancellor announced a further one-month extension of financial support under the Coronavirus Job Retention Scheme (CJRS) to the end of April 2021. Currently, the Government will pay 80% of the salary of employees for hours […]
MAKE A CLAIM IF YOU ARE WORKING FROM HOME
With more of us working from home there is good news from HMRC that employees can now make a claim for tax relief to cover some of their costs while they are working from home. The previous rule for employees […]
FURLOUGH EXTENSION
GOVERNMENT EXTENDS FURLOUGH TO MARCH AND INCREASES SELF-EMPLOYED SUPPORT SCHEME As the lockdown has now started for England and continues elsewhere, the Government has changed its mind again about business supports and decided to extend the Coronavirus Job Retention Scheme […]
SUPPORT FOR THE SELF-EMPLOYED HAS BEEN EXTENDED
The UK Government announced more support will be available for the self-employed in the form of two grants. Each grant is available for three-month periods covering November 2020 to January 2021 and February 2021 to April 2021. Eligibility for Grant […]
LATEST HMRC UPDATE ON THE SUPPORT SCHEMES TO HELP BUSINESSES THROUGH THE PANDEMIC
The ongoing changes to the the Job Support Scheme can be confusing for employers and employees. That’s why we have a short explanation about the expansion of the Job Support Scheme below, with some guidance notes too. Expansion of Job […]