HMRC is reminding you that if you are self-employed, you are responsible for reporting your income to HMRC, via self-assessment. You must register by 5 October in the second tax… Read Full Article
tax
Budget pledges to support business and green investment
The Chancellor’s decision to extend the furlough and self-employment income support schemes (SEISS) until September has been welcomed following the publication of the Spring 2021 Budget. Furloughed employees will continue… Read Full Article
Defer your self-assessment payment to HMRC till 2021
Self-employed gas engineers whose work has been affected by the COVID-19 outbreak can delay their self-assessment tax payment on account to HMRC until 31 January 2021. The next self-assessment payment… Read Full Article
Reverse VAT charge delayed until March 2021
The introduction of the domestic reverse VAT charge for construction services has been delayed by five months until 1 March 2021, due to the impact of the coronavirus pandemic on… Read Full Article
Axe VAT on home safety products, say campaigners
VAT should be abolished on all safety products and services that go into UK homes, such as fire alarms, carbon monoxide detectors and gas safety checks, according to a new… Read Full Article
