Self Assessment support

Self Assessment customers to benefit from enhanced payment plans HMRC has increased the threshold for paying tax liabilities to £30,000 for Self Assessment customers to help ease any potential financial burden they may be experiencing due to the coronavirus (COVID-19) pandemic. Click here for more information

UK VAT change announcement

UK VAT change announcement Notice 20-CX | 8 July 2020 In the Chancellor’s summer statement today, he shared the government’s plans to change UK VAT from 20% to 5% for the hospitality and tourism sectors. This change will come into effect from Wednesday 15 July 2020 and run through until …

Job Retention Bonus.

Today the Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31 January 2021. The bonus will provide additional support to retain employees. …