If you complete a Self Assessment tax return then you may be required to make ‘payments on account’ (advance payments towards your tax liability for the year). However, the government have stated that you can defer your second payment on account for 2019/20, normally due 31 July 2020, if you are in ...
Under an extension to the government’s Self-Employment Income Support Scheme (SEISS), some individuals who did not previously qualify for a grant at all may be able to claim. This extension applies where pregnancy or certain parental responsibilities (such as taking time off for maternity, paternity...
HMRC have sent out 'notices to file' to people who they believe may have to report and pay the loan charge by the forthcoming 30 September 2020 deadline. ...
If you have recently used a tax refund company to help claim a one-off refund, the paperwork that you signed may mean that they can continue to collect other tax refunds due to you. We have added some new guidance to our website which explains more about the issue and what can be done about it. ...
If you are caring for someone on an unpaid basis (perhaps because of the coronavirus), you need to understand whether you can claim carer’s allowance – a taxable benefit of currently £67.25 a week. If you claim carer’s allowance, you also need to understand that it is taxable income and how tax i...
Flexible furlough is with us. You may find the amount and complexity of the official guidance on flexible furlough overwhelming as it tries to cover all situations and every eventuality! If you are a small employer with only a handful of staff and relatively straightforward working arrangements, it ...