Latest News

Self-Assessment deadline extended

HMRC has confirmed that the deadline for those filing their 2019-20 Self-Assessment tax returns online has been extended from 31 January 2021 to 28 February 2021.  Taxpayers will not receive an automatic £100 late filing penalty if they file their 2019-20 return...

DAC6 – How have the rules changed since leaving the EU?

DAC6 is a system of mandatory reporting of cross-border tax arrangements, where these affect one or more EU member states and fall into one or more particular characteristics (hallmarks). Following the UK leaving the EU, DAC6 will no longer be applied in its entirety....

2019/20 Self-assessment deadline approaching

The deadline for submitting your 2019/20 self-assessment return is 31 January 2021. The deadline applies to taxpayers who need to complete a tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4 National Insurance Contributions...

How has 2020 changed the retail sector?

Introduction 2020 has been one of, if not the, toughest year’s for retail. With many non-essential retail stores forced to close during periods of the year, this led to consumer spending changes with many consumers starting to shop online or more locally. In this...

Chancellor Announces New Grant for Businesses

The Chancellor has announced a new one-off top-up grant which will be available for businesses in the retail, hospitality, and leisure sectors. The grants will be worth up to £9,000 per property. This grant is available on top of business rates relief and the furlough...

Change to Carer’s Allowance Rules 2021

The Carer’s Allowance Payment Rates will be increasing from £67.25 to £67.60 per week from April 2021.   Who is eligible for Carer’s Allowances? Carer’s allowance is available to those who care for someone for at least 35 hours a week. In addition to this the person...

Self-Assessment deadline extended

HMRC has confirmed that the deadline for those filing their 2019-20 Self-Assessment tax returns online has been extended from 31 January 2021 to 28 February 2021.  Taxpayers will not receive an automatic £100 late filing penalty if they file their 2019-20 return...

DAC6 – How have the rules changed since leaving the EU?

DAC6 is a system of mandatory reporting of cross-border tax arrangements, where these affect one or more EU member states and fall into one or more particular characteristics (hallmarks). Following the UK leaving the EU, DAC6 will no longer be applied in its entirety....