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Harsher Penalties For Misclaiming the Fourth SEISS Grant?

Applications for the fourth SEISS grant are underway. HMRC has confirmed harsh penalties for abuse of the scheme ...

The History Of National Insurance

We all pay National Insurance, however, people are now wondering if it should be abolished ...

The Tax Administration Framework: HMRC's Digital Future

The Government is reviewing the processes of the UK's tax system, enabling it to embrace digital technologies ...

Self Employed Travel And Subsistence

One of the biggest questions newly self-employed people ask me is about their travel and subsistence claims ...

Review Your High Income Child Benefit Charge Position Now

In 2013, the Government introduced the High Income Child Benefit Charge. Many didn't realise they were affected ...

The 4th SEISS Grant Can Be Claimed From This Week

The 4th SEISS grant can be claimed from this week, and HMRC has been in touch with those who can potentially claim ...

Everyone Can Now Get Free Rapid Lateral Flow Tests

The Government has announced anyone in England can take a free rapid Lateral Flow Test twice weekly from now on ...

Gift Aid Is A Major Legacy Of The Duke Of Edinburgh

Prince Philip was a great supporter of charities across the UK. However, without him, Gift Aid may never have happened ...

Employees Can Claim Working From Home Allowance

Employees forced to work from their own home due to COVID-19 are able to claim the Working from Home allowance ...

The Business Godparent Newsletter Spring 2021

An interesting side-effect of the COVID-19 restrictions is that the UK became a nation of accidental savers ...

Work From Home or Back To The Office?

During the COVID-19 pandemic, the vast majority of employees were told to work from home. Now that's changing ...

Have You Seen The New £50 Banknote?

The Bank of England changes banknotes' designs from time to time, and now we have a new £50 to enjoy ...

1st Of April Deadline For Self Assessment Payment Plans

You only have a few days left to pay any outstanding tax in full or set up a self-assessment payment plan ...

Government Announce New Tax Consultations

A new series of tax documents and other consultations have been released to help create a more trusted tax system ...

COVID-19: Celebrating Diversification On The Anniversary Of Lockdown

At the start of 2020, no business owner could imagine the impact COVID-19 was about to have on the United Kingdom ...

Important Reforms To Companies House

In a drive to clamp down on money laundering and fraud, the Government is reforming Companies House ...

The UK's New Super-Deduction Tax Break

The Government's new Super-Deduction tax break is designed to allow businesses to claim 130% against taxable profits ...

Chancellor Extends Furlough Until September 2021

The Chancellor has extended the furlough scheme until September 2021, offering relief to many hard-working people ...

Budget 2021: COVID-19 Support Measures At A Glance

During last week's Budget 2021, Chancellor Rishi Sunak announced further support through the pandemic ...

Get Our Budget 2021 Summary

Amid great anticipation, Chancellor Rishi Sunak has unveiled the contents of his long-awaited Budget 2021 ...

Budget 2021: What's The Chancellor Going To Announce?

Readers of the financial press will have seen many predictions for Wednesday's Budget 2021 from the Chancellor ...

Vaccines : Employer Obligations And Employee Rights

There is a nationwide conversation amongst employers about what happens if someone refuses a vaccine ...

Late Payment Penalty Waived By HMRC

HMRC has said that you won't be charged a 5% late payment penalty if you pay or set up a plan by the 1st of April 2021 ...

COVID-19 VAT Deferral Payment Guidance Updated

New guidance has been published on how to register for VAT payments deferred between the 20th March and 30th June ...

Kickstart Scheme Axes 30-Job Minimum Requirement

The Kickstart Scheme used to have a minimum number of 30 job placements, but this limit has been removed ...

Chancellor Offers More Help To Firms With COVID-19 Loans

Many small businesses took out Government-backed COVID-19 Loans at the start of the pandemic ...

1.8m Taxpayers Miss The January Self Assessment Deadline

The 2019/20 self-assessment tax return was submitted by 10.7m people before the 31st of January 2021 deadline ...

Income Tax And VAT Implications Of Successful Hobbies

Thanks to lockdown, many of us are spending a lot more time on our hobbies. We're getting very good at them ...

Voluntary Receipts: When Is a gift really a gift?

For self-employed individuals who offer a great service, sometimes a gift is offered as a thank you for their hard work ...

Self-Assessment Tax Filing Deadline Extended

It was a huge surprise to everyone when HMRC announced that the tax return filing deadline had been extended ...

HMRC: Another Self-Assessment Scam!

The 31st January self-assessment deadline is just a few days away and it's important that everyone be wary of scams ...

Time To Pay: Tax Returners Spread Over £69m With HMRC

Over 25,000 self-assessment taxpayers have now set up a Time To Pay arrangement with HMRC ...

6 Reasons To Look After Yourself During Lockdown

This week, I have a guest post from Darren Pyefinch who wants you to look after yourself during lockdown ...

CJRS: Can Staff Be Furloughed To Look After Their Children?

With lockdown taking effect across the UK, new guidance has been issued on CJRS for parents with childcare issues ...

2021 Key Dates For Your Diary

As we grapple with COVID-19 it's hard for any business to plan for the future with so much uncertainty about the economy ...

£4.6 Billion In New Lockdown Grants Available!

Chancellor Rishi Sunak has revealed new lockdown grants for any retail hospitality and leisure firms ...

The Business Godparent Newsletter Winter 2021

2020 could be remembered as the year of Brexit and the year we saw the biggest dip in business activity ever ...

Are Your HMRC Records Up To Date?

Have you ever thought about what happens if a letter from HMRC is returned to them as undelivered?

HMRC: Be Aware Of Self-Assessment Scams!

With the run-up to the 31st January filing deadline, HMRC has issued a reminder to be aware of self-assessment scams ...

A Very Merry Christmas From Essendon Accounts And Tax!

We’d like to thank you all for your continued support, particularly through the year we’ve all had ...

Chancellor Extends Furlough Until The End Of April 2021

The Chancellor is increasing support for businesses during the Coronavirus pandemic by extending CJRS ...

£350k Wrongly Donated To Christmas Charity Scams

Action Fraud recently reported that almost £350,000 of charitable donations ended up in the pockets of criminals last year ...

Annual Investment Allowance: £1m Cap Extended For A Year

The Annual Investment Allowance, for investment in UK Manufacturing, is to be extended for 2021 ...

HMRC's New Nudge Letter Campaigns

HMRC is set to launch two new nudge letter campaigns in the next few weeks targeting UK taxpayers ...

The Chancellor Has Announced A Pay Rise For Millions!

Many millions of employees and workers across the United Kingdom are about to receive a raise in their pay ...

The Third SEISS Grant Opens For Applications Today!

The Third Self-Employment Income Support Scheme (SEISS) grant is open to applications from today ...

Spending Review: What Did The Chancellor Announce?

Yesterday, the Chancellor, Rishi Sunak set out what the Government is going to spend next year ...

Furlough Fraud: Further Guidance From The Government

As the Government announced it as extending CJSR, it has also released further guidance on furlough fraud ...

Self-Assessment: Time To Pay Threshold Raised To £30,000

More self-assessment taxpayers can now use the Time to Pay service as HMRC has raised the threshold ...

Is The Chancellor Going To Overhaul Capital Gains Tax?

Last July, the Chancellor commissioned a report into Capital Gains Tax saying the current approach is counter-intuitive ...