Given the recent announcement that national insurance (NI) will rise from April 2022, it's now even more important to ensure your business is structured in a tax efficient way. No doubt further tax rises are on the horizon as well. It might be a good time...
Are you struggling with the off-payroll working rules (IR35) rules that were introduced on 6 April 2021? Engagers and workers are naturally being cautious about the new rules, but unfortunately this is often resulting in ill-informed decisions. TTC can work with engagers and workers to provide...
It's not too early to complete your 2020/21 self-assessment return! I appreciate it may feel as though it's not long since the last return was due, but there are real benefits to getting your next return submitted early. You will be able to gain certainty...
Don't worry if you missed the 2019/20 filing deadline of 31 January 2021, HMRC has confirmed that it won't charge late filing penalties as long as the return is submitted by the end of February. However, any tax due should have been paid by 31...
The end of January 2021 sees the deadline for all 2019/20 self-assessment tax returns to be filed with HMRC. Time is running out so contact Tetley Tax Consultants to help you avoid incurring penalties. Our fees start from as little as £100 per return and there's...
In August the UK Government launched the Eat Out to Help Out scheme to help support the hospitality industry during the Covid-19 pandemic. HMRC administered this scheme and have recently announced that it has written to 4,000 businesses asking them to verify claims that have...
The Chief Executive of HMRC, Jim Harra, recently told the Pubic Accounts Committee that as much as £3.5bn has been over claimed from the Coronavirus Job Retention Scheme (CJRS). This is due to errors in claims or fraudulent activity and the department has received...
The UK Government has announced a new scheme to replace the Job Retention Scheme: the Job Support Scheme (JSS). The scheme runs from 1 November 2020 for a period of 6 months with the aim to protect viable jobs. In short, companies will continue to pay...
The end of this month is the deadline for any paper 2019/20 self-assessment returns to be filed with HMRC. The deadline for all other returns to be submitted is 31 January 2021. Let Tetley Tax Consultants take the strain by completing the returns on...