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News articles, blogs and resources from Prime Accountants
Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.
Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
By Prime AccountantsPublished On: 06/10/2020HMRC has issued detailed guidance on the domestic reverse charge changes scheduled for 1 March 2021.
By Kevin JohnsPublished On: 06/10/2020The Bounce Back Loan Scheme (BBLS) has provided support to many UK-based small businesses.
By Steve HarcourtPublished On: 06/10/2020Whilst COVID-19 has brought many things to a halt, weve continued working hard behind the scenes to expand our Birmingham office and can now reveal that in Spring 2021, our Birmingham office will be moving however only round the corner to 161 Newhall Street, B3 1SW.
By Kevin JohnsPublished On: 01/10/2020The application deadline for all coronavirus loan schemes ' including the future fund - has been extended to 30 November ensuring even more businesses can benefit from government-backed support.
By Morgan DaviesPublished On: 25/09/2020There will be a number of measures implemented to reduce the pressure on business finances:
VAT Deferral
Businesses who deferred their VAT will no longer have to pay a lump sum at the end of March next year.
By Kevin JohnsPublished On: 25/09/2020The Government will launch a new Job Support Scheme from 1 November to support UK employers who are facing lower demand due to COVID-19, and to keep their employees attached to the workforce.
By Jamie SkeldingPublished On: 25/09/2020The government recognises the continued impact that COVID-19 has had on the self-employed and has taken action to provide support.
By Steve HarcourtPublished On: 25/09/2020HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support Grant.
By Prime AccountantsPublished On: 14/09/2020On 2 September 2020, the government's £2 billion Kickstart Scheme opened for employer applications.
By Jamie SkeldingPublished On: 14/09/2020HMRC has published the latest edition of the Employer Bulletin.
By Morgan DaviesPublished On: 14/09/2020The fee for plastic shopping bags in England will be doubled to 10 pence and extended to all shops from April 2021.
By Steve HarcourtPublished On: 14/09/2020Over £30 million has been lost to pension scams since 2017, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).
By Glen CallowPublished On: 14/09/2020Two self assessment deadlines are approaching:
5th October 2020
For those individuals who have not previously completed a tax return but need to report a liability for 2019/20.By Kevin JohnsPublished On: 14/09/2020The government has announced that more than 64 million meals were enjoyed by diners across the country during the government's Eat Out to Help Out discount scheme.
By Prime AccountantsPublished On: 14/09/2020Chancellor Rishi Sunak has asked the Office of Tax Simplification (OTS) to carry out a thorough review of capital gains tax (CGT).
By Prime AccountantsPublished On: 06/08/2020On 1 August, the government's Eat Out to Help Out scheme began operating at eateries across the country.
By Steve HarcourtPublished On: 06/08/2020The government has published a call for evidence on the overhaul of the business rates system that applies in England.
By Morgan DaviesPublished On: 06/08/2020HMRC has outlined the eligibility requirements for the Job Retention Bonus (JRB) that follows the furlough scheme as part of the government's measures to support the economy through the COVID-19 lockdown.
By Jamie SkeldingPublished On: 06/08/2020Taxpayers who have received CJRS or SEISS grants are urged to doublecheck their entitlement as the 90 day period to inform HMRC of any overclaimed amounts is now law.
By Jamie SkeldingPublished On: 06/08/2020On 15 July, the Scottish government reduced the rate of Land and Buildings Transaction Tax (LBTT) following a similar reduction to the rate of residential Stamp Duty Land Tax (SDLT) announced by Chancellor Rishi Sunak in the recent Summer Economic Update.
By Prime AccountantsPublished On: 06/08/2020On 21 July, the Treasury set out the next steps in its plan to extend Making Tax Digital (MTD) to all businesses and those taxpayers that file self assessment returns.
By Kevin JohnsPublished On: 06/08/2020On 27 July, the Welsh government reduced the rate of Land Transaction Tax (LTT) following the cuts made to SDLT and LTT across the rest of the UK.
By Prime AccountantsPublished On: 06/08/2020Property values in June were 0.
By Glen CallowPublished On: 16/07/2020
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