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The long awaited Spring Budget for 2021

Coronavirus Assistance, Limited Companies, Payroll, Planning, Start up, TaxationBy Simon March 4, 2021

The long-awaited 2021 Budget announcement from the chancellor had lots of professionals wondering whether it was going to be a compassionate and sympathetic budget, with additional support to continue to help individuals and businesses as we are still currently within a national lockdown, or whether the road to recovery and payback was due to start,…

2020 Self assessment payment plan

Coronavirus Assistance, Start up, TaxationBy Simon February 16, 2021

HMRC announced this year that you could set up a payment plan with them if you were unable to pay your 2019/2020 personal tax liability by the 31st January 2021. You can set up a payment plan to spread the cost of your latest Self Assessment bill if all the following apply: you owe…