News

28 Sep 2021

Government Postpone Making Tax Digital for Income Tax to 2024/25

The government have announced that they will introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned, in the tax year beginning in April 2024. This will give the self-employed and buy to let landlords...

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15 Sep 2021

New health and social care Levy to be introduced across the UK to...

New health and social care Levy to be introduced across the UK to provide extra cash to reform the Health and Social care systems in England. The Prime Minister Boris Johnson announced last Tuesday that the proposed increases in National...

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7 Sep 2021

Clarksons Newsletter September 2021

SEPTEMBER IS THE LAST MONTH FOR CJRS “FURLOUGH” GRANTS The Government are pulling the plug on support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to normal by October....

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16 Aug 2021

MTD Coming Soon for Income Tax

VAT registered business making taxable supplies above the £85,000 registration threshold have been grappling with Making Tax Digital (MTD) since April 2019. The next roll-out will be the introduction of MTD for income tax which is scheduled...

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26 Jul 2021

Guidance on SEISS Turnover Test Issued by HMRC

The fifth (and final) SEISS grant will be available for the self-employed to claim towards the end of July. HMRC will contact those traders that may be eligible with their claim date.    The eligibility criteria remain broadly the...

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