In order to register for a personal tax account, you will need the following information: Your National Insurance (NI) numberYour Passport, driving license or a recent P60 18 simple steps to set up a personal tax account Step 1 - Set up a personal tax account You will...
The government announced a grant for self-employed individuals and members of a partnership who have been adversely impacted by Coronavirus (COVID-19). Below, you will find information on how to claim the self-employment income support scheme (SEISS) grant. Be wary of any fraudulent emails or messages you...
The National Minimum Wage has increased by 6.2% in April 2020. Details Below Age BandCurrent Rate from 01 April 2020Previous Rate from 01 April 201925 and over£8.72£8.2121 to 24£8.20£7.7018 to 20£6.45£6.15Under 18£4.55£4.35Apprentice£4.15£3.90 Please click here for further information. Disclaimer Please note this is the guidance as we understand at the...
Birmingham City Council have now released information on how to claim grants available to small businesses. As part of the Government's COVID-19 support package, grants totalling more than £231 million will be paid out to eligible businesses in Birmingham in coming weeks. For those businesses who automatically...
The government has announced that they will defer Value Added Tax (VAT) and Income Tax payments for six months. VAT Under the guidelines, VAT payments due before 30 June 2020 will now not need to be made until the end of the tax year. No applications are...
The Government is bringing forward legislation for small and medium-sized businesses to reclaim Statutory Sick Pay (SSP) for sickness absence due to the COVID-19 disruption. The details and eligibility criteria is as follows: Employers with fewer than 250 employees will be eligible (as at 29 February...
The Chancellor has just announced a support package for self-employed individuals as part of the Governments pledge to support self-employed individuals. Self-employed workers who are impacted by the COVID-19 disruptions will be able to apply for a grant of 80% of their monthly profit calculated...
The government has offered support for retail, hospitality and leisure businesses. There is a business rates holiday for the 2020-21 tax year, as well as cash grants, for these businesses Business Rates Businesses in the retail, hospitality and leisure sectors in England will not have to...
Many of our clients are asking us if their business is eligible for financial assistance from the Government during the Coronavirus outbreak. This post will help answer questions you may have about grants available for small businesses. Your business is only eligible for a small business...
Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees who have been...