New Self Assessment Self-Serve Time To Pay Scheme

If you deferred paying your July 2020 Payment on Account, you will need to pay the deferred amount, in addition to any balancing payment and first 2020/21 Payment on Account, by 3‌1‌‌ ‌‌January 2021. This may be a larger payment than you usually pay in January. If you are unable to pay your Self-Assessment bill in Read more about New Self Assessment Self-Serve Time To Pay Scheme[…]

Self Employment Income Support Scheme extended

The government is continuing its support for millions of self-employed individuals by extending the Self-Employment Income Support Scheme (SEISS) grant. Self-employed individuals and members of partnerships who are eligible for the Self-Employment Income Support Scheme and are actively continuing trading but are experiencing reduced demand due to coronavirus (COVID-19), will be eligible for a further Read more about Self Employment Income Support Scheme extended[…]

Extension Self-Employment Income Support Scheme

On Friday (29‌‌ May) the Chancellor, Rishi Sunak, announced more details about the extension of the Self-Employment Income Support Scheme. The Self-Employment Income Support Scheme has been extended for those self-employed whose trade continues to be, or is newly, adversely affected by COVID-19 (coronavirus). Eligible self-employed people will be able to claim a second and Read more about Extension Self-Employment Income Support Scheme[…]

Self-employment Income Support Scheme (SEISS) portal is now open

The SEISS grant portal opens from 8am today (13 May 2020) if you are eligible to apply for a SEISS grant. Payments, are to be paid in a single instalment covering three months and capped at £7,500, and are expected to land in bank accounts by 25 May, or within six working days of your Read more about Self-employment Income Support Scheme (SEISS) portal is now open[…]

Check to see if you are eligible for the Self-Employment Income Support Scheme today

A summary of the scheme The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended. If you receive the grant you can continue Read more about Check to see if you are eligible for the Self-Employment Income Support Scheme today[…]

Self assessment (Tax Return) Deadline filing deadline is fast approaching

Deadline for submitting your 2017/18 self assessment return (£100 automatic penalty if your return is late) and the balance of your 2017/18 liability together with the first payment on account for 2018/19 are also due. This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to Read more about Self assessment (Tax Return) Deadline filing deadline is fast approaching[…]