They say that they will not charge:
1. Late filing penalties for those who file online by 28 February 2022.
2. Late payment penalties for those who pay the tax due in full or set up a payment plan by 1 April 2022
How do we do that? In a number of ways:
They say that they will not charge:
1. Late filing penalties for those who file online by 28 February 2022.
2. Late payment penalties for those who pay the tax due in full or set up a payment plan by 1 April 2022
HMRC have caved into representations that business can not be ready and so MTD for those with a turnover over £10,000 will not now come into effect until April 2024
The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked.
The government and firms will continue to top up the wages of workers who have not been able to return to the workplace full time due to the virus
The Chanecllor has announced measures for the Self Employed, those businesses that have taken out loans, and taxes
The Coronavirus Job Retention Scheme (CJRS) has been winding down gradually over the past couple of months, with a large portion of furloughed employee wage costs still being met by the government.
To provide government support during the early stages and peak of the COVID-19 pandemic, HMRC gave businesses the option to defer VAT payments if they were unable to pay on time. They could do this without incurring late payment interest or penalties.
You pay our bills not the taxman so it is only right that we look after you. We care about our clients, their business, their future.
We’re here to make tax and financial planning easy. We’re here to help ease your financial burden and to find you the most tax efficient way to run your business. We don’t want the taxman to take what’s not his, so we work with you to find out what’s important to you.
We are approachable and easy to talk to. Every client benefits from a dedicated partner and member of staff either of whom they can contact and both of whom they will know and recognise. We get to know our clients, understand how they work and constantly help them to improve and grow their businesses.
We’re business advisers and planners as well as tax experts, and we work tirelessly helping businesses like yours save tax, and become more efficient and financially stronger. And we’re very nice people too.
At Handley, Evans & Co we will deduct £50 from our fees for your tax return if you provide to us everything we need to complete your tax return before the 31st July after the end of the tax year.
It gets better! If you are not VAT registered, the VAT saved will make the total saving £60!
Now isn't that a worthwhile reward for being prompt?