Defer your next self-assessment tax payment?

The time will shortly be upon us when the second payment on account for Self-Assessment tax falls due, 31 July 2020. However, as part of the government’s financial support packages HMRC has given the option to defer this payment until 31 January 2021 as long as you...

Further Market Uncertainty

It’s been almost 12 weeks since my colleague, Gary Mothersill’s blog about the market turmoil at the start of the coronavirus pandemic.  In that time, whilst the lockdown and social distancing have meant little seems to have happened in our own lives, it has been an...

Second grant payment available under SEISS

Did you see that there will be a second grant payment available under the Self-Employed Income Support Scheme (SEISS)? Along with the updated Coronavirus Job Retention Scheme rules, the details surrounding the second (and final) payment for the Self-Employed Income...

‘Phase 2’ of the furlough scheme

It has been 6 weeks since the portal opened which allowed businesses to reclaim their wage cost for all staff members they have ‘furloughed’. As HMRC allowed us as agents (unlike with the self-employment income scheme claim) the ability to submit the claims on our...