Winter Economy Plan support for the self-employed

Photo by Burst on Pexels.com As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension. The grant: will be limited to self-employed individuals who are currently eligible for the SEISS, andwill be available to individuals who are actively continuing to trade but are… Continue reading Winter Economy Plan support for the self-employed

Chancellor unveils help for self-employed workers

On the 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis. Under the scheme the government will pay self-employed people a taxable grant based on an average of their earnings over the past three years. The grant will cover up to 80% of earnings… Continue reading Chancellor unveils help for self-employed workers

Payroll A Timely Update

2013-14 Payroll Year End Due to the introduction of RTI submissions this year the year end submission is more straightforward and therefore the deadline is now 19 April 2014. Please note that if your pay day is a Saturday then you will have a Week 53 for Saturday 5 April 2014 which must be processed… Continue reading Payroll A Timely Update

What is a tax return?

With the Self-Assessment deadline looming I thought I would bring you some useful information on tax returns. So what is a tax return? A ‘Self-Assessment Tax Return’ is an annual form used by an individual to report their total income and business expenses to HM Revenue and Customs (HMRC).  The reason why the form is… Continue reading What is a tax return?