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COVID-19 is reasonable excuse for self assessment late filing, says HMRC
- 15th January 2021
- Posted by: Suzy Hill
- Category: Business News, COVID-19 NEWS
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15th January 2021 Posted by: Suzy Hill Category: Business News, COVID-19 NEWS No Comments COVID-19 is reasonable excuse for self assessment late filing, says HMRC HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns. However, taxpayers must submit the return as soon as possibleMonthly deadline approaching for furlough claims
- 13th January 2021
- Posted by: Suzy Hill
- Category: Business News
13th January 2021 Posted by: Suzy Hill Category: Business News No Comments Monthly deadline approaching for furlough claims HMRC has reminded employers that there are now monthly deadlines for claims for furloughed staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi Sunak extended the CJRS until the end of April 2021. The CJRS wasPandemic drives dramatic increase in SME borrowing
- 11th January 2021
- Posted by: Suzy Hill
- Category: Business News
11th January 2021 Posted by: Suzy Hill Category: Business News No Comments Pandemic drives dramatic increase in SME borrowing Gross lending to small and medium-sized enterprises (SMEs) in the first three quarters of 2020 reached £54 billion driven by coronavirus (COVID-19) loan schemes, according to figures from trade body UK Finance. That represents more thanCapital gains tax changes self assessment taxpayers need to know
- 7th January 2021
- Posted by: Suzy Hill
- Category: Personal Tax, HMRC News, Business News
7th January 2021 Posted by: Suzy Hill Category: Personal Tax, HMRC News, Business News No Comments Capital gains tax changes self assessment taxpayers need to know HMRC is reminding taxpayers that they have until 31 January 2021 to declare any profit made from selling a UK residential property, which was not their main home, duringRichest 1% hold almost a quarter of UK wealth
- 6th January 2021
- Posted by: Suzy Hill
- Category: Personal Tax, Business News
6th January 2021 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Richest 1% hold almost a quarter of UK wealth The UK’s wealthiest 1% of households hold almost £800bn in assets official statistics show, raising their share of household wealth to 23%, according to the Resolution Foundation The think tank’s research compared£4.6 billion in new lockdown grants to support businesses and protect jobs
- 5th January 2021
- Posted by: Suzy Hill
- Category: Business News, COVID-19 NEWS
5th January 2021 Posted by: Suzy Hill Category: Business News, COVID-19 NEWS No Comments £4.6 billion in new lockdown grants to support businesses and protect jobs Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor has announced. This follows the Prime Minister’s announcement last
