by A&S Admin | May 11, 2022 | Making Tax Digital
Anyone filing VAT returns from April 1, 2022 onwards now has to file their return digitally as HMRC’s Making Tax Digital reaches its next phase. All businesses registered for VAT – even if they have turnover below the threshold – must file their returns this...
by A&S Admin | Feb 1, 2022 | Making Tax Digital, Starting out in business, Tax Tips
HMRC have published a call for evidence on the case for reforming the rules for registering for Income Tax Self Assessment (ITSA). The call for evidence is interested in hearing views on whether it would be beneficial to bring forward the deadline by which landlords...
by A&S Admin | Jan 25, 2022 | Aldous Saunders, Business Tips, Coronavirus, Making Tax Digital, Tax Tips
To help employers affected by the spread of the Omicron variant of COVID-19, the Statutory Sick Pay (SSP) rebate scheme for small employers is being reintroduced. In addition, the period for which an employee can self-certify a sickness absence is increased...
by A&S Admin | Jan 18, 2022 | Aldous Saunders, Business Tips, Making Tax Digital, Tax Tips
Financially, 2021 has been a difficult year for many, and you may be struggling to pay your January tax bill in full. Any tax and National Insurance that remains unpaid for 2020/21 must be paid by 31 January 2022, along with the first payment on account for 2021/22....
by A&S Admin | Jan 11, 2022 | Budget bytes, Business Tips, Making Tax Digital, Starting out in business, Talking points, Tax Tips
Payments on account are advance payments towards your tax and, where relevant, your Class 4 National Insurance bill. You may need to make them if you are self-employed or if you are a landlord. You may also need to make them if you operate your business through a...
by A&S Admin | Jan 4, 2022 | Aldous Saunders, Business Tips, Coronavirus, Making Tax Digital, Tax Tips
If you need to file a self-assessment tax return for the year to 5 April 2021, you have until midnight on 31 January 2022 to file your return if you have not already done so. You must also pay any tax that you owe for 2020/21 by the same date. Do I need to file...