Covid 19 Newsletter

By Gary Robinson / December 6, 2020

C19 NEWSLETTER ‘ECONOMIC EMERGENCY HAS ONLY JUST BEGUN’ In his spending review yesterday Rishi Sunak said the “economic emergency” caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and jobs. Official forecasts now predict the biggest economic decline in 300 years. The UK economy is expected…

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Covid-19 Grants

By Gary Robinson / November 12, 2020

People and businesses across the UK are being provided with additional financial support as part of the government’s plan for the next phase of its response to the coronavirus outbreak, the Prime Minister announced today (31 October). Throughout the crisis the government’s priority has been to protect lives and livelihoods. Today the Prime Minister said…

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Tier Local Lockdown

By Gary Robinson / October 22, 2020

There is expected to announce a three-tier alert system of medium, high and very high risk, in the face of escalating numbers of infections in the various parts of the country. Tier one, the lowest level of concern, would see national restrictions such as the rule of six, a 10pm curfew on restaurants and pubs…

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Cronavirus & the Winter Economy

By Gary Robinson / October 10, 2020

The Chancellor Rishi Sunak has announced a new package to keep the economy moving during winter, in spite of the coronavirus (Covid-19) pandemic. Measures include a new job support scheme, continuing reduced VAT rates, and additional time to pay deferred taxes. At a glance The Winter Economy Plan came as the government cancelled the Autumn 2020…

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Tax Scams in the Pandemic

By Gary Robinson / October 8, 2020

A Freedom of Information request from the firm has revealed taxpayers reported 9,948 Covid-related scams to HMRC between January and June. Activity peaked in May, with 5,048 incidents explicitly mentioning Covid, then proceeded to fall by over 55% to 2,495 in June. The total number of all phishing scams reported to HMRC was 44,777 in…

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Scottish Tax Payers

By Gary Robinson / February 20, 2020

However, it will freeze the higher and additional rates so that there is increasing divergence between Scottish and rest of UK taxpayers. The Scottish Budget was delayed from December after the UK general election was called and had to be held before the UK Budget on March 11 due to legal requirements to set council…

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Ways to get Your Accountancy Fee’s Down

By Gary Robinson / January 2, 2020

Why Should I Get My Tax Return Prepared Early One of the questions that I often get asked is why I should get my tax return done early I will get it done in December or January and make them wait. HM Revenue & Customs issues a notice to complete a tax return for individuals…

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Help Paying Your Tax

By Gary Robinson / November 14, 2019

Paying Your Tax The tax return deadline approaching there will be some people among us that need to settle our tax liabilities by 31 January 2019. This comes at a time when some people will have cashflow problems as this is just after Christmas when the credit card bill have arrived and most of us…

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Tax Return deadlines

By Gary Robinson / November 7, 2019

Tax Return If you been sent a notice to complete a self-assessment income tax return you have until 31 January every year to get this submitted to HM Revenue & Customs or you will incur late filing penalties depending how long this is outstanding for. Late Filing Penalties Up to 3 Months £100.00 if it…

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Tax Returns and The Fines

By Gary Robinson / October 31, 2019

Tax Return If you been sent a notice to complete a self-assessment income tax return you have until 31 January every year to get this submitted to HM Revenue & Customs or you will incur late filing penalties depending how long this is outstanding for. Late Filing Penalties Up to 3 Months £100.00 if it…

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