The UK government recognises the continued impact that coronavirus (COVID-19) has had on the self-employed and announced in November that there would be a fourth grant. At the Budget it was confirmed that the fourth SEISS grant will be set at 80% of 3 months’ average trading profits, paid out in a single instalment, capped…
Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late filing penalty if they file online by 28 February.Published 25 January 2021From:HM Revenue & Customs Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February,…
You can set up a payment plan online to spread the cost of your latest Self Assessment bill if: you owe £30,000 or less you do not have any other payment plans or debts with HMRC your tax returns are up to date it’s less than 60 days after the payment deadline You do not need to contact HMRC if…
Fourth Grant In October the Chancellor announced SEISS will run until the end of April. The fourth SEISS grant will cover February to April 2021. The government will set out further details, including the level of the fourth grant in due course. We plan to run a series of live webinars about claiming the fourth SEISSgrant. We are unable to…
The third grant of the Self-Employment Income Support Scheme (SEISS) closes for claims on Friday 29 January. Eligible customers must claim on or before this date. You cannot claim on your clients’ behalf, as this will likely trigger a fraud alert in our systems and delay payment. But we know you’ll be supporting your clients to…
If you’re self-employed or a member of a partnership and have been impacted by coronavirus (COVID-19) you may be eligible to claim the grant.Published 13 May 2020 Last updated 9 December 2020 — see all updatesFrom:HM Revenue & Customs Contents Who can claim What you will need to make your claim How to claim Return to your…
Published on Friday, 13th November 2020 Following the National lockdown, the government has this week provided Nuneaton and Bedworth Borough Council with the funding to be able to provide support to our local businesses. We have now also received further guidance from BEIS on the grants and we are currently working with our software providers.…
Update 2 November. The Chancellor Rishi Sunak has announced an increase of the third self-employed grant. Instead of 40% of trading profits over three months, the third grant will offer 80% of trading profits for November and 40% for December and January, taking it to 55% of trading profits across three months. The new maximum grant…
MSE News MoneySavingExpert.com News 2020 October Martin Lewis: ‘Big cut in Universal Credit for many self-employed coming on 13 November – contact your MP if hit’ Martin Lewis: ‘Big cut in Universal Credit for many self-employed coming on 13 November – contact your MP if hit’ Naomi Schraer, News Reporter 27 October 2020 Facebook Twitter Print Mailme …
The Government’s also announced that grants likely to be worth up to £2,100/mth will be made available to firms in ‘tier two’ areas in England – for example, in London and Birmingham currently. Here are the need-to-knows: Firms in ‘tier two’ areas which aren’t legally required to close but have been adversely affected by local restrictions…