Tax

Have you received the grant under the Self-Employed Income Support Scheme? The SEISS

Did you consider whether you were entitled to it?

HMRC now have powers to target the self-employed taking grants and small companies that received grants of up to £25,000 to help them through the Covid19 crisis. If HMRC suspects that a business did not actually require a loan, or that a sole trader ceased trading soon after receiving money from the SEISS scheme, it will be able to put ...

Unhappy with your accountant and slow progress in settling your tax or Vat Investigation and enquiries?

Tax investigations re commence after Coronavirus eases

Under Enquiry
Tax troubles

You need a specialist!

Accountants are great but will now be flat out catching up with tax return deadlines and working on routine accounts and the help of a cost effective, caring and kind specialist is at hand.

I’m here to chat and to help pick up the pieces if things have kicked off following the pause in ...

JRS there to protect jobs and not to feather employers’ nests!

Inews.co.uk reported that one business that has already decided to hand back furlough cash is magazine The Spectator. It’s chairman, the broadcaster Andrew Neil, said that while the organisation had “availed itself of government funds to furlough some of its staff during the Covid crisis” the impact had not been “as bad as I feared”.

Mr Neil added: “We remain a profitable and growing company, now with strengthening cash flow. For ...

Government to attack false furloughing claims

The government have rushed through legislation to give HMRC new ‘draconian’ powers to reclaim hundreds of millions in Covid-19 support payments effectively allowing HMRC to go after those who have broken the rules to obtain Coronavirus support payments.

Where HMRC believes that businesses, companies or sole traders, did not qualify for the recent bailouts or broke the strict rules, they could face a massive 100% tax charge or might face criminal prosecution if they do not ...