by AJN Accountants | May 31, 2021 | Accounting, Advice, Business, Financial planning, News, Small Businesses
The Bounce Back Loan Scheme (BBLS) was designed to enable UK businesses to access finance quickly during the Covid-19 pandemic. Businesses that were losing revenue and seeing their cashflow disrupted as a result of the outbreak were able to apply for loans of up to...
by AJN Accountants | Mar 31, 2021 | Accounting, Advice, Business, Freelancers, News
Self-employed individuals will be able to apply for the fourth SEISS grant from late April if they submitted their tax return for 2019-20 by midnight on 2 March 2021 (it was due by 31 January 2021). HMRC has asked for additional evidence from two categories of...
by AJN Accountants | Mar 12, 2021 | Accounting, Advice, News
The Chancellor announced that taxes would have to rise, but not quite yet, as all tax rates except for VAT are frozen for 2021-22. Large companies will then see their corporation tax rate rise from 19% to 25% from 1 April 2023. Companies making no more than £50,000...
by AJN Accountants | Mar 9, 2021 | Contractors, Financial planning, News
HMRC has announced that self assessment customers will not be charged a the initial 5% late payment penalty if they pay their tax bill or make a time to pay arrangement by 1st April 2021. The deadline to submit the tax return and pay any tax owed was 31st January...
by AJN Accountants | Mar 4, 2021 | News
The Chancellor delivered his budget yesterday. You can download our simple guide to the budget here.
by AJN Accountants | Jan 20, 2021 | Accounting, News, Tax planning
The most pressing tax deadline for now is the main filing and payment deadline, of 31 January. This date marks the final day for you to file your 19/20 self-assessment tax return, and settle your tax for that period. If applicable, you will also need to pay the first...