Blog

The Accountants for Growth

Self-Employed Income Support Scheme (SEISS) 4th Grant Claim

Self-Employed Income Support Scheme (SEISS) 4th Grant Claim
What period does the 4th grant cover?
  • February 2021 to April 2021 inclusive.
  • When can the 4th grant claim be made?
  • If you are eligible, HMRC should contact you around mid-April 2021 to provide you with a date from which you can make the claim through the Gov.UK online portal.
  • The final deadline for making the claim will be 31st May 2021.
  • Continue reading
    233 Hits
    0 Comments

    Corporate Super Deduction

    Corporate Super Deduction
    What is it?
    • It is a 130% first year allowance deduction for expenditure incurred in purchasing plant & machinery that would normally qualify for a main rate writing down allowance of 18%.
     
    When can you claim it?
    • You can claim it for expenditure incurred on or after 1st April 2021 up to and including 31st March 2023.
    Continue reading
    197 Hits
    0 Comments

    Pre Year End Tax Planning

    Pre Year End Tax Planning
    With the tax year coming to a close in a month’s time, the time is now to take control of your taxes through effective and Bona fide planning.
     
    Unfortunately too many people address tax planning when it is too late. So when is too late? 
    Continue reading
    182 Hits
    0 Comments

    Self Employed Income Support Scheme (SEISS) Third Grant Claim

    Self Employed Income Support Scheme (SEISS)
Third Grant Claim
    What period does the grant cover?
  • November to January 2021 inclusive.
  • How is the grant calculated?
  • It is 80% of your average monthly trading profits for the three tax years ended 5 th April 2019, covering a 3 month period.
  • The maximum claim is restricted to £7,500.
  • Continue reading
    253 Hits
    0 Comments

    HMRC publishing notes - furlough claims from December 2020

    HMRC publishing notes - furlough claims from December 2020
    HMRC will publish some of the employer’s claim information
     
    As part of HMRC’s commitment to transparency and to deter fraudulent claims, they will be publishing information about employers who claim for December onwards on the Coronavirus Job Retention Scheme. The following information will be published on GOV.UK from February 2021:
     
    • The employer name
    • An indication of the value of the claim
    • The company number for companies and Limited Liability Partnerships (LLP)
    Continue reading
    242 Hits
    0 Comments