UA-157342191-1
FILTERED BY TAG:

Tax return

X

​Self-employed and small businesses are set to benefit from simpler tax reporting rule

As part of the Government's draft legislation to be included in the Finance Bill 2021-22, announced changes mean that businesses will be taxed on profits arising in a tax year, rather than profits of accounts ending in the tax year. The government believe this will help them...
Read more
The 2021/22 new tax year starts today. We look at the grants, loans, changes and freezes you need to know about! Income Tax Self-Assessment Tax Return You can submit your 2020/21 tax return, now known as an ITSA (Income Tax Self Assessment) any time from now until 31st Janua...
Read more
Allowance Changes As there was no Autumn Statement, the financial secretary to the Treasury announced a written ministerial statement in the House of Commons with details of the increase of the National Insurance thresholds. The 2020 Autumn Spending Review confirmed th...
Read more
The self-assessment tax return deadline of 31st January has passed and there are still 1.8 million people yet to file. Whilst the payment deadline has been postponed to 28th February, tax returns still had to be filed by 31st January. Interest will be charged on the tax liab...
Read more

With Less Than 2 Weeks To Go, HMRC Have Reported There Are Still A High Number Of Tax returns To Be Submitted

Earlier this month, HMRC have released some interesting tax return statistics: HMRC expects 12.1 million tax returns to be filed this yearAround 55% have already filed their returns by the beginning of January93% of these (6.2 million) were submitted onlineAlmost 18,000...
Read more

The self-assessment tax return Income Tax payment on account due by 31st July, 2020 is allowed to be deferred to January 2021 under the UK government’s COVID-19 pandemic support. Here, we discuss whether it should be as obvious choice as it seems.

Overview Your tax return should still be filed on timeYou do not need to apply for the defermentTo take advantage, direct debit must be cancelledYou will not be charged penalties or interest for the deferral periodYou don’t have to be self-employed to defer In Depth Firstl...
Read more

Self-Assessment Tax Return Filing and Payment On Account Deferment

If you are considering deferring your Income Tax payments on account due in July 2020 then you should also consider filing your tax return now.  If you believe you have if your profit is likely to be lower than last year your payment on account will have been calcu...
Read more
HMRC announced on 16th March 2020 that they will no longer automatically send paper returns to encourage customers to use the online service to cut the unnecessary use of paper to be more environmentally friendly.  Last year, 94% of HMRC’s customers filed their return...
Read more

Tribunal Accepts Employer Made Error On P60 But Fine Stands

With the tax return deadline drawing close we read with interest a report by accountingWeb on an employee who was fined by HMRC for submitting his tax return using his P60 which was issued by his employer, it was found that the employer had made an error on the P60. The trib...
Read more

What is This Deadline?

If you're self-employed and pay your tax through payment on account, 31 July marks the deadline for your second payment. The amount you have to pay is based on your earnings for 2017-18. You must submit your tax return as you did in January.  'Payments on account’ are...
Read more
Load more
Loading...
l
TAGS
HMRCCoronavirusCovid-19BookkeepingTaxSelf-AssessmentTax returnCoronavirus Job Retention SchemeEmployeeFurloughSelf-EmployedVATEmployerPayrollPensionAuto EnrolmentICBBookkeeperCashtrakInstitute of Certified Bookkeeperssmall businessCJRSFurloughed WorkerGovernmentIncome TaxNational InsurancePAYEExpensesFurlough UpdateLUCA AwardsSelf-assessment Tax ReturnXeroBusinessBusiness SupportChancellorEmployeesFurlough extensionICB BookkeeperSEISS#GlobalBookkeepingWeekBrightPayBudgetCharityCorporation taxHome WorkingMTDNICP60Rishi SunakSelf Assessmenttax liabilityTax return penaltyWages#BookkeepersSummit#KeepUKPaid#NPW20AccountingBonusBookkeepersSummitBusiness ratesCase studyCharity of the YearCIPPCorona VirusCOVID-9 Business HelpDeferrmentFilingFineFlat Rate SchemeGovernment SupportGrantsIR35Job Retention BonusLockdownMaking Tax DigitalMedium BusinessMTD for VATNational Living WageNational Payroll WeekP11DPayPayment on AccountRecovery Loan SchemeRLSSalarySavingsSelf-Employed Income Support GrantSole traderStatutory Sick PaySupportTax AvoidanceTax deadlineTax reliefTime SavingTVAA#AI#badpayers#bookkeeping#bucksbizz#bucksbizznetworking#businessgrowth#cashflow#cashmanagement#Cashtrakisgrowing#credit control#debt#debtcollection#debtcollectionagency#excellentbookkeepers#Fluidly#givingthroughbusiness#HelicopterMedics#helptogetpayment#keepingclientshappy#localbusiness#MTD #VAT #TAX #HMRC #XERO#networking#Newopportunity#Newstaff#positivefeedback#successful#Theengagementring100% government backed loans31st July 201950% first-year allowances50% off5th grant@TVAirAmbaatAccessibleAccessible KitchensAccountantAccounting softwareAccounting software helpAdoption Leave PayAdviceAlcohol DutyanimalsAnnual Accounting SchemeApprenticeshipsAuro enrollmentAuto-enrolmentAward WinningBank feedsBanking feedsBeaversBenefit in kindBenefitsbluecrossforpetsBNIBookkeeper v accountantBookkeeping ObjectivesBookkeeping success storyBounce Back LoanBrightPay ConnectBucks BizzBudget 2020Budget 2021Business BoomingBusiness MileageBusiness NetworkingBusiness ownerBusiness Rates Relief GrantBusiness Support Coronavirus PandemicBusiness tripsCan I do my own bookkeepingCan I work after I get my pension?Cash Accounting SchemeCashflowCashtrak is expandingCBILSChancellor Spending ReviewChange of fortuneChild BenefitCigarettes and CigarsCISClaim back cost of eye testClaim back cost of glassesClever bookkeeperClever PaymentsClientsCloud basedCloud based acccounting softwareCommunityCompatible accounting softwareComputer workConstruction Industry SchemeContinual professional developmentContractContribution IncreaseCoronavirus PandemicCost savingsCovid guidanceCOVID-19 Business FundingCovid-19 PandemicCPDCubsData EntryData Protection ActDeadlineDeductionDisabilityDisableddisplay screen equipmentDividendDividend AllowanceDo I get a pension I don't pay National InsuranceDo I have to pay taxDo I need a bookkeeperDo I need to do a self assessment tax returnDoes my employer have to pay for my eye testDoes my employer have to pay for my glassesDPADraft Legislation To Be Included In The Finance BiDSEDWPEAEat Out To Help Out SchemeEfficient payrollEmployeEmployee eye testEmployee glassesEmployer eye testEmployer National Insurance ContributionEmployer pay for glassesEmployersEmployers AllowanceEmployment AllowanceEmployment and Support AllowanceEngland lockdownereavement Leave PayEU LegislationExcelFile TaxFile Tax OnlineFile tax returnFinancial Secretary To TreasuryFinancial SupportFlood Defence InvestmentFuel DutyFurlough ErrorGDPRGeneral Data Protection RegulationGingerbreadGiving backgivingbackGold SchemeGovernment Backed FundingGovernment GatewayGovrenmentGrantgrants worth up to £9,000 per property.Helicopter MedicsHelp To Pay TaxHGVHigh WycombeHMRC appealHMRC fineHMRC penaltyHMRC penalty appealHMRC phishingHMRC ScammersHoliday homeHome costsHomeworkerHomeworkingHousing BenefitHow can I find my Pension forecastHow Do I Know If HMRC Contact Is RealHow do I know if I have to pay taxHow Does Spending Review Help My BusinessHubDocIllImprove Cash FlowIncome Tax Self-Assessment Tax ReturnInheritance TaxInheritance tax nil-rate band and residence nil-raInvestmentsInvoicesirits, Beer and WineIsolationITSAJesse NormanJob roleJob Support SchemeJobseekers AllowanceJRBJSSJSS ClosedJSS OpenJunior ISAKickboxingKickstartKitchensLandlordslastic Packaging TaxLay offLearning at work weekLegislationLibrary VolunteerLimited CompanyLitter PickingllnessLoanLocal Restriction Support GrantsLockdown GrantsManagerMaster CardMaternity PayMental healthMicro BusinessMileageModulrMoney offMore 4MotivationNational Insurance and Income TaxNational Insurance credits State PensionNational Insurance gapsNational Insurance recordNational Model Railroad AssociationNetworkingNew EU requirementsNew staffNINMRANot for profitOff workOnline submissionOpen bankingorporation TaxOutput TaxP1DP45PandemicPartnerPartner grantPaternity PayPay slipPayrolPenaltiesPenaltyPension forecastPension gapsPensionsPersonal Tax AccountpetsPhasingPOAPressure pointProductsProperty rentalRe enrollmentRe-enrolmentReceiptsReclaimRevolutionise your businessSchemeScoutsScreensSEISS 5SEISS 5 grantSEISS grantSelf employedSelf isolationSelf-employed pensionShieldingShopSick leaveSick PaySimplified ExpensesSmall business guidancesmall business successSmall business supportSMESoldoSole trader grantSpecial offerSSPStaffStaging DateStandard-rate VATStart of tax yearStart of tax year 2021 2022State PensionState Pension working outside UKStatementsStatutory Adoption PayStatutory Maternity PayStatutory Paternity PayStatutory Payment ChangesStatutory paymentsStatutory Shared Parental PayStokenchurch LibraryStudent LoanSuccess storySummer StatementSuper-deductionTax AdvisorTax allowanceTax Allowances and ThresholdsTax codeTax DeductionsTax evasionTax fraudTax return fineTax SeasonTaxesTFAThames Valley Air AmbulancethamesvalleyairambulanceThe Coronavirus Job Retention SchemeThe Pension RegulatorTimeTime of supplyTipsTobacco TaxTreasuryTribunalTripcatcherTuitionTwo Factor AuthenticationUK BudgetUK GovernmentUpdateValue of supplyVAT Accrual SchemeVAT ExemptVAT Registration and De registrationVAT schemeVehicle Excise Duty and Levy rates for heavy goodsVoluntary pension contributionsVolunteerVolunteeringWe can help bookkeeping problemsWhat financial support can I get coronavirus COVIDWhat id s bookkeeperWhat is my State Pension forecastWhat is new furloughWhy do I need a bookkeeperWork for yourselfWork from HomeWork mileageWork smarterWorking from homeWorking with pensionWorkplaceWorkplace PensionXero open banking
Full post archive
Load more
Loading...
 

This product has been added to your cart

CHECKOUT