VAT Deferral New Payment Scheme - online service opens
HMRC have published a reminder that businesses that deferred VAT payments last year can join the new Deferral New Payment Scheme to pay it in smaller monthly instalments.
In order to take advantage of the new payment scheme businesses will need to have deferred VAT payments between March and June 2020 under the VAT Payment Deferral Scheme. They will now be given the option to pay their deferred VAT in equal consecutive monthly instalments from March 2021.
Businesses will need to opt-in to the VAT Deferral New Payment Scheme. They can do this via the online service before 21 June 2021.
For further details, see the HMRC press release.
Best Wishes for Christmas & the New Year and stay jolly safe
from Colin Hutson Accounting Limited - Colin, Julie and all our team
Our Christmas Opening Hours
Thursday 24 December 2020 - Closed 12:15 pm
Friday 25 December 2020 - Closed
Monday 28 December 2020 - Closed
29 December 2020 - Open
Thursday 31 December - Closed 4.00 pm
Friday 1 January 2021 - Closed
Monday 4 January 2021 - Open
Winner of Two Love Northallerton Business Awards!
We are very pleased and surprised to say that we have won two awards in the Love Northallerton Business Awards! We won Professional Service Business of the Year and Julie Hutson our Company Secretary won Businesswoman of the Year.
Thank you to Love Northallerton and all the BID businesses for our two awards in Love Northallerton Business Awards 2020.
Thank you to those who nominated our business and Julie Hutson. We feel very honoured to have won amongst such deserving competition - business and individuals who made the final lists.
Northallerton is a brilliant place to live and work, there are many businesses and individuals who greatly contribute to it's success, you should all congratulate yourselves.
The announcement video can be viewed on YouTube here: Love Northallerton Business Awards Announcement
Winner of Two Love Northallerton Business Awards!
The Chancellor - Rishi Sunak has announced the Spending Review 2021/22 outlining future spending by HM Treasury including funding fighting Coronavirus and improving public services.
More information about the Spending Review can be found here - Spending Review
How different circumstances affect the Self-Employment Income Support Scheme
The following updates have been provided by HMRC for criteria to apply for Self Serve Time To Pay
If you wish to use the the following requirements must be met
1. No outstanding Tax returns
2. No other tax debts
3. No other HMRC payment plans set up
4. SA tax bill must be between £32 to £30,000
5. It is no more than 60 days since the tax was due for payment
If you do not meet the requirements, you may still qualify for Time To Pay but will need to telephone HMRC.
Please contact us for more information, or read the guidance for more information in the link below:
We are now FreeAgent Accredited Practitioners
Congratulations to David and Sam who have passed their FreeAgent Accredited Practitioners exam. This means we have completed the requirements to become a FreeAgent Partner.
FreeAgent is a cloud bookkeeping tool that is FREE to use for NatWest, The Royal Bank of Scotland, Mettle and Revolut banking customers. It helps make business bookkeeping more efficient with features such as receipt capture, bank feeds and access to your bookkeeping 24/7 from anywhere.
Coronavirus HR Workshop: Providing the tools to get your business through the coming months
The past six months have seen businesses of all sizes forced to make unexpected changes. With the unemployment and Employment Tribunal figures increasing week on week, join us for our next HR webinar to help steer you away from unwanted risk.
Our one-hour online workshop provides the answers to the questions all business owners are currently facing:
- Redundancy and lay off. Deciding which is correct for your circumstances
- Utilising “Variation of terms” clauses to accommodate the new normal
- Returning your workforce from furlough
- Dealing with the avalanche of flexible working requests
- Avoiding the “Discrimination Trap” which many employers have already fallen into
- Ensuring your working practices are Covid-19 secure
Russell Smith, Senior Consultant from Avensure will provide a point by point guide to dealing with all of these issues as well as giving some practical assistance with documentation requirements such as what to include in a contract of employment, health questionnaires and handbook policies.
In addition, the team at Colin Hutson Accounting will provide an update on the following:
- HMRC are increasing compliance teams for reviews on Furlough claims starting now.
- HMRC has stepped up its compliance activity on Coronavirus Job Retention Scheme grants, writing to 3,000 employers who may need to repay some or all of their claim.
- SEISS claims will be investigated from receipt of 2020/21 tax returns
- SC60 sub contractors who have claimed both grants and not stopped working will be at risk of investigation
Date and time:
Tuesday 15th September 2020, 4pm – 5:15pm
4.00 – 4.45 Workshop: Russell Smith, Avensure
4.45 – 5.00 Colin Hutson, Colin Hutson Chartered Accountants
5.00 – 5.15 Q & A
To book your place on this Zoom event please click here. Once registered, you will receive confirmation including a link to the event. Please save this to access the session on the day.
Eat Out to Help Out – look for the logo
Diners who eat-in will benefit from a 50% discount, up to a maximum of £10 per person, on food and non-alcoholic drinks, any Monday to Wednesday in August.
Guidance on how to register and resources to publicise the offer online and in print from HM Treasury can be found here: https://www.gov.uk/government/news/eat-out-to-help-out-look-for-the-logo
Get back to business with 6 months FREE Sage Cloud Accounting
Get back to business with 6 months FREE Sage Business Cloud Accounting!
- Anytime, anywhere - At work, at home, on-the-go. Sage is on your computer, tablet and phone, whenever you need it.
- Collaborate and share - Lighten the workload - your team and accountant work on real-time data
- Super easy - No experience necessary! New features are added all the time, so easy keeps getting easier
- Stay compliant - Sage keeps on top of the latest legislation for your - VAT, RTI, Auto Enrolment, and even Brexit
- Safe, secure, trusted - With bank-level security and no need for backups, peace of mind comes as standard
This is an exclusive offer available to our clients, contact us for more information on 01609 778602 or email email@example.com
Government guidance and advice on face covering and how to make one
Summer Statement 2020 - Summer Statement serves up jobs-first package
The Chancellor’s Summer Statement put forward a plan for jobs, green investment and a variety of targeted tax cuts, but also signalled a clear intention to wean businesses off government support.
A Plan for Jobs
Chancellor Rishi Sunak announces his Summer economic statement with job retention bonuses, work placement for under 25s and cuts to VAT and stamp duty. See how this can revitalise your clients' business.https://www.gov.uk/government/news/rishis-plan-for-jobs-will-help-britain-bounce-back
Job Retention Bonus
Essential points for qualifying employers include:
- An employee who has been furloughed at some point between April - October 2020
- An employee who is still employed on 31 January 2021
- An employee with average earnings for the period 1 November 2020 – 31 January 2021 above £520 month (lower earnings limit for NIC purposes)
Read the full article on Croner-i here to find out whether you qualify.
Support for the UK’s arts and culture
The Government has announced a £1.57 billion investment package for arts, cultural and heritage organisations hit by COVID-19.
Eat Out to Help Out Scheme
Get more help with registration, eligibility and how to offer the discount for the Eat Out to Help Out Scheme - GOV.uk
Summer Statement Commmentary from ICAEW
ICAEW give their viewpoint on the Chancellor Rishi Sunak's Summer Statement https://www.icaew.com/insights/viewpoints-on-the-news/2020/july-2020/summer-statement-serves-up-jobsfirst-package
7 things employers need to know about flexible furlough
Blog article by Croner-i:
Self Employed Financial Support Checklist from ICAEW
Thank you all NHS staff and key workers. You are all super heroes and the world is a better place with you here ❤️🧡💛💚💙
To help we have donated supplies to the Friarage Hospital and donated money NHS Charities Together to help fund PPE supplies for NHS staff
We have also created a hub containing free business and employment information related to the COVID-19 crisis, which can be accessed here
Self Employed Financial Support Checklist from ICAEW
A step-by-step guide for the self-employed to tackle their finances, as well as pointers on what government support is available
We are OPEN for business as usual, with a few temporary changes
During the Coronavirus (Covid-19) crisis we at Colin Hutson Accounting Limited are able to continue to provide our services. Please click here read the following information regarding how we will be working to enable us to protect both you, our clients and our staff while ensuring our business runs as close to normal as possible.
For more comprehensive information please visit our website which provides regular Covid-19 updates including support available for businesses and links to government guidance:
COVID Support Helpline from HMRC for self employed
Self-employed can now more easily make a claim for Universal Credit or Contributory Employment and Support Allowance for the duration of the outbreak.
The requirements of the Universal Credit Minimum Income Floor will be temporarily relaxed for those who have COVID-19 or are self-isolating according to government advice, ensuring self-employed claimants will receive support.
People will be able to claim Universal Credit and access advance payments upfront without the current requirement to attend a Job Centre if they are advised to self-isolate.
Spring Budget 2020
Our summary of the Chancellor's 2020 Budget is now available on our website here.
Following the UK's departure from the EU, Chancellor Rishi Sunak presented the 2020 Budget against a backdrop of economic uncertainty caused by the spread of the coronavirus.
Our Budget Summary provides an overview of the key announcements arising from the Chancellor’s speech. Measures for businesses include a capital gains tax reduction in the Entrepreneurs' Relief lifetime limit from £10 million to £1 million, together with changes to Statutory Sick Pay for employees advised to self-isolate because of the coronavirus.
Individuals will benefit from a rise in the national insurance contribution (NIC) threshold from £8,632 to £9,500, alongside the abolishment of the 5% VAT rate charged on sanitary products.
Additionally, throughout the Summary you will find informative comments to help you assess the effect that the proposed changes may have on you personally.
If you would like more detailed, one-to-one advice on any of the issues raised in the Chancellor's Budget speech, please do get in touch.
Northallerton's first Quickbooks Advanced ProAdvisor
Congratulations to David, our Infrastructure Manager who not only became the first Intuit QuickBooks Certified ProAdvisor in Northallerton last year but has now gone on to become the first Quickbooks Advanced ProAdvisor locally.
This certified training gives our company a detailed understanding of how Quickbooks cloud bookkeeping software works and how our clients can use it more efficiently.
Petition Against Controversial Parking Regime
Businesses in Northallerton have handed in a petition demanding changes to a controversial parking regime they say is driving trade and customers away.
Northallerton Business Improvement District (BID) is petitioning North Yorkshire County Council to extend High Street free parking to two hours amid serious concerns about declining footfall and empty shops.
A huge majority of traders say the lack of free parking and over-zealous traffic wardens are causing shoppers to desert the High Street.
We are actively supportive of Northallertons BID petition against this, you can read more in this article on the Love Northallerton website.
It's Christmas Jumper Day!
Our lovely staff are brightening up the office today in their Christmas jumpers to raise money for Save the Children UK.
HMRC has recently released guidance on RTI reporting obligations for payments made early at Christmas.
Please see page 4 of the October HMRC employer bulletin here.
If you do pay early, please report your normal payment date on your Full Payment Submission (FPS). For example: if you pay on 20 December 2019 but your normal payment date is 31 December 2019, please report the payment date as ‘31 December 2019’. In this example, the FPS would need to be sent on or before the 31 December. HMRC advise that this is required to ‘help protect your employee’s eligibility for Universal Credit, because reporting early could affect further entitlements’.
If you have any queries regarding this or other payroll matters please let us know
HMRC chased for refunds on overpaid income tax
Around 460,000 people chased HMRC for refunds on overpaid income tax in the year 2018/19, according to an FOI request by insurance company, Royal London. Accountancy Daily has the full story.
This Friday is Christmas Jumper Day
Looking forward to Save the Children UK Christmas Jumper Day this Friday? We know we are and this year we’re aiming for a more environmentally friendly approach to this fun event, raising much needed funds for Save the Children!
Here are some top tips so you too can have an environmentally friendly Christmas:
- Check what you already own
- Swap with family and friends
- Make your own
- If you have to buy...buy second hand
HMRC Scam Warning
Every year in the run up to 31 January deadline for filing self assessment tax returns to HMRC, the number of incidence of scammers increases. Over the last year, HMRC received nearly 900,000 reports from the public about suspicious HMRC contact - phone calls, texts or emails. More than 100,000 of these were phone scams, while over 620,000 reports from the public were about bogus tax rebates.
Common techniques involve fraudsters phoning or emailing tax payers offering tax refunds or pretending to be HMRC encouraging people to click on bogus links or visit fake government websites. Organisations like HMRC and banks will never contact customers asking for passwords, pins or bank details via phone calls, text or email.
HMRC have updated their guidance on how to avoid being scammed here - HMRC tips on avoiding self-assessment tax scams
HMRC list of genuine contact details they use and tips to recognise phishing emails Genuine HMRC contact and recognising phishing emails
General advice from Citizen Advice to check if something is a scam can be found here Check if something might be a scam
It's almost here...
This Saturday is Small Business Saturday.
This is a grassroots, non-commercial campaign which highlights local businesses and help provide support to small businesses. We will be taking part this week by sharing one local business per day that are a part of the campaign via our social media accounts.
You can keep up to date this week by following us on:
Christmas Tree Festival 2019
You can view our images of the Christmas Tree Festival this weekend at the All Saints Parish Church through our Facebook album. The trees will be on display until Wednesday.
Christmas Tree Festival 2019
We will be taking part in the Christmas Tree Festival this year, we look forward to seeing everyones festive trees on display!
You can check out the official event page here: Christmas Tree Festival.
If you have any questions or queries, then you can email the event runners at firstname.lastname@example.org
Sage Automation Roadshow
Today our Infrastructure Manager attended the Sage Automation Roadshow at York Racecourse to learn about how receipts, invoices and bank statements can be automatically read using Sage's newly acquired software partner AutoEntry.
Donation Results for Children in Need 2019!!
On friday, we raised an incredible £183.60 for BBC Children in Need. Thank you to everyone who came in and donated!!
We're raising money for BBC Children in Need!
Our bake sale in aid of BBC Children in Need is OPEN!
Come into our office on Northallerton High Street to exchange a donation for cake. Dairy and gluten free cakes also available!
Today one of our Chartered Accountants, Sam Hutson and David Jennings our Infrastructure Manager went to a Quickbooks "Get Connected Express" Presentation at the Discovery Museum in Newcastle.
They visited this event to learn more about recent product updates at Quickbooks cloud accounting software and the developments that are expected in the next year as a result of Open Banking and CIS.
Spotacular Bake Sale for Children in Need!
Come into our office Friday 15 November to exchange a donation for BBC Children in Need for Yummy cake!
We will have an array of cakes, cupcakes and biscuits available including gluten and dairy-free options.
Check out our event page on Facebook for further information.
BBC Children in Need has a Registered charity no. 802052 in England and Wales and SC039557 in Scotland.
Why cybersecurity is an issue for all employees
The Telegraph has posted an important article on Why cybersecurity is an issue for all employees, not just the IT. We'd like to remind our clients how important IT security is and recommend keeping up to date with the latest cybersecurity news.
Paper Based Self-Assessment Tax Returns deadline is tomorrow
The deadline for individuals to submit Paper Based Self-Assessment tax returns is tomorrow, 31 October. You need to complete a tax return if:
- You are self-employed
- You are a partner in a partnership business
- You are a minister of religion
- You are a trustee or executor of an estate
- You recieve rental income
If you require any advice, please contact us for support. NB If you file your tax return online (either personally or through an agent such as ourselves) the deadline is 31 January 2020.
See link to HMRC Self-Assessment forms for more information.Self-Assessment forms and helpsheets
Our Scarecrow is helping build better businesses
We have been busy building this scarecrow for the Romanby Scarecrow Festival.
Our scarecrow has all the tools in his wheelbarrow to help build better businesses.
You can find our scarecrow on BoroughBridge Road.
Genuine HMRC contact and recognising phishing emails
HMRC have updated their guidance on phishing emails pretending to be from HMRC.
This is especially important in the lead up to Brexit, as HMRC will be contacting users in regards to Brexit preparations.
You can read these updates on HMRC's website page for Genuine HMRC contact and recognising phishing emails
On friday, we raised an incredible £350.80 for Breast Cancer Now - Wear it Pink campaign. Thank you to everyone who came in and donated!!
Join us...For cake!!
Here is a preview of the cakes we have available!
You can get any of these goodies by exchanging a donation, they're available until 4:30.
Dairy Free and Gluten Free cakes are also available. All donations go to Breast Cancer Now - Wear it Pink campaign.
Further information can be found on our Facebook Event page here.
Colin Hutson Accounting Goes Pink Some More!
Northern Society of Chartered Accountants and Business Awards
We had a great time at the Northern Society of Chartered Accountants and Business Awards Dinner on Friday in aid of Macmillan Cancer Support.
Thank you to comedian Jo Caulfield for entertaining us during the evening including the great review of our website which has gone pink for Breast Cancer Now - Wear it Pink this week
...is just lovely.
Let us know if you would like help with your Xero.
Nigel Copland shortlisted for President's Award
We are looking forward to the Northern Society of Chartered Accountants Business and Awards Dinner NCASS on Friday night. Particularly as our own Nigel Copland has been shortlisted for the President’s Award.
Nigel passed AAT and then every ICAEW exam first time and won a prize at the graduation ceremony in Newcastle last year for one of his papers.
An outstanding candidate who has worked tirelessly to achieve the success he richly deserves.
A worthy candidate for a President's Award.
No-Deal Brexit cost to business
HMRC has revised it's assessment on the cost to business in the case of a no-deal Brexit. Estimated to cost £150bn a year for ongoing administrative costs for UK-EU trade and up to £56 per declaration.
Read section c through this link for more details
Join us for cake!! In support of Breast Cancer Now, Wear It Pink
To support Breast Cancer Now - Wear it Pink campaign, we will be exchanging cakes for donations from our office throughout the day on Friday 18 October. These goodies include gluten-free and dairy-free cakes.
Please pop in and help us raise funds for this incredible charity. We look forward to seeing you!
Wholesalers claimed as deliberate tax defaulters
Wholesales suppliers have claimed the top spots on HMRC latest quarterly list of deliberate tax defaulters paying over £1m in penalties for unpaid tax. Grocery shops and fast food outlets are among the businesses that have been ‘named and shamed’ owing £13m.
Best Dressed Business Services Window
We are thrilled to have won the award for Best Dressed Business Services Window!
The UCI 2019 Men Elite Individual Time Trial
After months of waiting and preparation, the UCI Men Elite Individual Time Trial finally took place here in Northallerton!
Since the early hours of the morning, the High Street was closed off so that media crew and council members could prepare the streets for the race and tourists coming in from across the world.
BBC Radio York made an appearance to help host onstage at the Community Event area, where we saw a live performance from stunt cyclist Joe Prattley, the Yorkshire Vet giving a speech and the Pure Abba Girls Duo.
The Time Trial started at around 13:00 with numerous competitors and a large crowd to cheer them on.
If you'd like to see any of the event, here is a link to our Photo Album: UCI 2019 Men Elite Individual Time Trial Photo Album
The Good Work Plan: What do Employers need to know?
The Good Work Plan is a Government strategy which will reform employment law.
There are many important changes employers should watch out for. Our friends at Avensure HR 24 have produced an overview of the changes and how they will affect employers
Our support for Slovenia
We would like to thank LoveNorthallerton for taking this lovely picture of our window display! We will be supporting Slovenia in the UCI Men Elite Individual Time Trial and look forward to the race starting on September 25!
Open Banking and Payment Services Directive 2 (PSD2)
From 14 September 2019 Open Banking and Payment Services Directive 2 (PSD2) could change how your bank feeds in cloud bookkeeping applications such by Sage, Xero and Quickbooks work. Read our guide to see if you need to take action to correct your bank feeds.
If you take card payments through your website PSD2 could also affect the payment gateway you use.
Dynamo North East Cyberfest event
Yesterday we attended Dynamo North East, CyberFest event at Newcastle University. This was a very motivating event with great speakers, keeping us up to date with the current issues and strategies in Cyber Security.
Taxpayer Support Offer
Taxpayers who are having difficulties with their tax bills have limited awareness of the help available to them. Research shows taxpayers believe HMRC should be doing more to promote any available support. Get in touch to see what support we can offer you!
Northallerton Men Elite Individual Time Trial Route and Road Closures
The UCI Men Elite Individual Time Trial will be taking place outside our offices on the 25 September. As seen on the map, we are located within the Community Event area, we are excited to be a part of this worldwide event and look forward to the day!
As we are part of the Community Event, its important to note that road closures and traffic restrictions will take place during the event:
Temporary Parking Restriction - 24 September 18:00 – 25 September 18:00
Road Closure – 25 September 08:00 – 18:00
An interactive map is also available at the Yorkshire website highlighting the entire race course and other impacted roads through North Yorkshire. Despite road closures and parking restrictions, our offices will remain open during the event, so you are still welcome to come in if you need to speak to any of our accountants!
The UCI Race Guide
Keep a look out for the UCI Race Guide being delivered to Northallerton residents in the next couple of weeks! This guide has been printed by BID and includes important information, such as parking and road closures.
Upcoming changes to off-payroll workers
From April 2020, within the private sector, it will be the employer’s responsibility to determine an individual’s employment status. HMRC has published guidance on the new rules for off-payroll workers.
A reminder that we will be moving back to our renovated offices in the High Street today. We would like to thank the staff at Evolution Business Centre for having us during our renovation since 08 March 2019.
6 Year Anniversary
Our 6 year anniversary was on 9 August 2019, we held a small party with drinks and canape's at our renovated offices. More pictures can be seen on our social media pages!
Back to 74 High Street
As of Tuesday next week, we will be moving back to our renovated offices in the high street.
- Disruption to our clients will be kept to a minimum
- Our contact details remain unchanged
- Clients are welcome to visit our renovated offices
UCI 2019 Road World Championships
The Mens Elite Individual Time Trial is coming to Northallerton on the 25 September 2019.
Tax Credit Renewal Deadline Approaching
You have just 1 week to renew your tax credits. Tax credits must be renewed by 31 July
There are four ways you can do this:
- Online via the GOV UK website.
- Using the free to download HMRC app on the App Store for iOs or Google Play for Android.
- Contacting HMRC's tax credits helpline on 0345 300 3900 (0345 300 3900 textphone).
- Sending your form back in the post.
If you miss the deadline, your tax credits payments will stop.
HMRC Focuses On Anti-Avoidance Activity.
HMRC turns the spotlight on inheritance tax (IHT) payments as it focuses on anti-avoidance activity.
In 18/19 HMRC opened over 5,000 #IHT investigations which is nearly 25% of the 22,000 estates liable for inheritance tax.
Totalling at 5,537 investigations, up from 5,354 the previous year.
Making Tax Digital Deadline Approaching
Only 25% of VAT registered financial firms have signed up for Making Tax Digital despite the deadline fast approaching.
HMRC have stated ‘we won’t be issuing filing or record keeping penalties to businesses doing their best to comply’ in the first year.
Although sanctions could be put in place in cases on obvious non-compliance.
Phishing Emails and Scams
We would like to remind users of phishing email risks. If you receive an email demanding payment or threatening legal action about your taxes, there is a high chance it is fake. Do not click on any links in the email. Do not reply to the email address.
If you are unsure about the reliability of an email, feel free to contact us on 01609 778602 and we will provide advice.
If you believe you have been a victim of a phishing email, please contact Action Fraud
The Criminal Finance Act
HMRC’s powers to investigate and prosecute businesses for tax evasion has been bolstered by the ‘Criminal Finance Act’.
Businesses are now liable for the action of any employees or contractors, under the ‘failure to prevent’ rules which were brought in last year.
Spring 2019 Statement
Philip Hammond presented his Spring Statement on Wednesday 13 March 2019. So, what exactly did the Chancellor say and, more importantly, what did it actually mean?
A summary of this year's Spring Statement is now available on our website at here.
The Chancellor responded to the Office for Budget Responsibility's economic forecasts, as well as reaffirming the fundamental taxation changes which will affect businesses and individuals in the new tax year. We have included informative comments to help you assess the likely effect that the proposed changes may have on you personally and their significance.
In our newsletter, we provide an outline of the main areas of taxation covered in the Spring Statement. We have also included our observations on the more important changes, together with any planning points that may arise.
We hope the summary will provide you with a useful update and allow you to get to grips with the changes. If you have any questions in understanding how the changes to tax affect you, please do get in touch.
Autumn 2018 Statement
The Chancellor Philip Hammond presented the Autumn Statement on Monday 29 October 2018 , please click on the image above to download a pdf which explains the changes announced.
The announcement include:
- New National Minimum Wage rates should see a full time worker aged 25 and over receive an annual increase of £690
- £695m initiative to help smalls firms hire apprentices
Have you got all your eggs in the right basket?
Tax year ends Thursday 5th April
Xero Roadshow 2018
Yesterday Julie and David were at the Royal Armouries Xero Roadshow learning about Xero’s roadmap for 2018 and how we can better support our clients with their cloud accounting software. Particularly in constructions and project based businesses
Spring 2018 Statement
The Chancellor Philip Hammond presented the Spring Statement on Tuesday 13 Mar 2018 , please click on the image above to download a pdf which explains the changes announced.
HMRC see record 10.7m taxpayers file tax returns before this years 31 January deadline
According to HMRC: 758,707 people completed their self assessment return on the last day before the deadline. There website accepted, at the peak hour - 1,010 per minute, 17 returns per second
Date for your diary: 31 January 2018
Deadline for HMRC Self Assessment is 31 January
File (and pay) by 31 January to avoid penalties.
Useful links: Small Business Commissioner
Small business commissioner appointed to handle late payment complaints
Small businesses are now able to refer unfair payment practices to the newly appointed small business commissioner (SBC) who can formally handle complaints relating to late payments.
The new website provides information for small businesses to get to know their rights and how to contact the commissioner if further action needs to be taken.
For more information, click on the following link:
Autumn 2017 Budget
The Chancellor Philip Hammond presented the Autumn Budget on Wednesday 22 Nov 2017, please click on the image above to download a pdf which explains the changes announced.