BUSINESS PLANNING FOR 2021

The latest indicators for the UK economy found nearly half (49%) of currently trading UK businesses reported a decrease in their turnover below what is normally expected for this time of year.  Continued uncertainty and difficult times look likely for the foreseeable future. It’s important to make sure you are receiving all relevant benefits available […]

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MORE TIME TO PAY TAX

Those taxpayers who may have difficulty paying the tax due under self-assessment on 31 January 2021 can agree more time to pay with HMRC provided the amount outstanding is no more than £30,000. The government have already agreed that amounts due under self-assessment on 31 July 2020 could be deferred until 31 January 2021 but […]

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CORONAVIRUS JOB RETENTION SCHEME (CJRS)

As the lockdown has now started for England and continues elsewhere, the Government has extended the Coronavirus Job Retention Scheme (CJRS). The Chancellor has announced that CJRS will be extended until the end of March 2021 for all parts of the UK. For claim periods running to 31 January 2021, the UK Government will pay […]

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