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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 ...

Are You Planning A Virtual Christmas Party?

Festive cheer may be in short supply this year, but there's no reason you can't host a virtual Christmas party ...

More Information About The CJRS And SEISS Extensions

I've blogged recently about both the CJRS and SEISS being extended. Now we've got more detailed information ...

The Self-Employment Income Support Scheme Has Been Extended

As Lockdown 2.0 starts, The Government has announced changes to the Self-Employment Income Support Scheme ...

Coronavirus Job Retention Scheme Extended For New Lockdown

The Coronavirus Job Retention Scheme (CJRS) has been extended to cover the November 2020 lockdown ...

Companies House Reforms: New Rules To Combat Crime

The Government recently announced changes to an individual's identity checks via Companies House ...

COVID Job Support Scheme Enhanced To Match New Restrictions

There has been a lot of concern about the amount of help available from the new JSS and the third SEISS grant ...

What A Negative Interest Base Rate Could Mean

With Coronavirus affecting the economy, the BoE is deep in thought about applying a negative interest base rate ...

The Business Godparent Newsletter Autumn 2020

Our business godparent theme this time is all about the new norm, so what is your new normal? Are you in the office yet?

Expansion Of The Job Support Scheme

With the new three-tier local restrictions in place, the Chancellor has expanded the Job Support Scheme for businesses forced to close their doors ...

Loan Extensions Announced In The Winter Economic Plan

When the Bounce Back Loan was announced at the start of the pandemic, over a million businesses took one out ...

Tax Deferrals Announced In The Winter Economic Plan

Businesses that are struggling with cashflow who deferred paying VAT can now spread their payments ...

Chancellor Announces Further SEISS Grants

The hugely successful Self-Employment Income Support Scheme is being extended into 2021 ...

The Government's New Job Support Scheme

With the announcement of the Job Support Scheme, many employers are hopeful they can retain some staff ...

The Chancellor's Winter Economic Plan

Last week, the Chancellor announced his Winter Economic Plan designed to support the UK economy ...

CJRS: October Furlough Scheme Changes

For October 2020, the government will contribute 60% of wages for the hours an employee is on furlough ...

SEISS: Last Chance To Make A Claim

If you haven't already made a claim under SEISS then the deadline is fast approaching. Are you going to claim?

Grants For Businesses Affected By Local Lockdowns

With more restrictions coming, the Treasury has offered grants for businesses affected by local lockdowns ...

Veteran's Relief: Seconday NIC Savings For Employers

To support personnel returning into the civilian working world, the Government is consulting on Veteran's Relief ...

Coronavirus Support: Have You Advertently Been Fraudulent?

You can't fault the Government for their help during the Coronavirus outbreak. But it has left them open to fraud ...