Fifth SEISS grant will be open to claims from late July
HMRC has confirmed that the fifth Self-employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late July. To be eligible…
Blog Posts
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 June 2021. The guidance states: ‘You can use the previous rates for up to one month…
Forms P11D – reporting employee benefits
The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2021, are due for submission to HMRC by…
Effectiveness of OTS set to be reviewed by Treasury
The Treasury has launched a review into the effectiveness of the Office of Tax Simplification (OTS), the independent body responsible for helping to make the UK tax system simpler and…
Government confirms start date for Plastic Packaging Tax
The UK government has confirmed that its plastic packaging tax (PPT) will come into force on 1 April 2022. The PPT will be charged at a rate of £200 per…
NIC reliefs set for Freeports
Freeport operators will be able to take advantage of a zero rate of secondary national insurance contributions (NICs) for employees, the government has announced. The National Insurance Contributions Bill 2021,…
HMRC’s VAT Deferral New Payment Scheme to close this month
Businesses that deferred VAT payments last year have less than a month left to join online and pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has…
Recent changes to IR35 ‘undermine the self-employed’, says IPSE
Recent changes to IR35 ‘undermine the self-employed’, says IPSE The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to off-payroll…
CBI calls for extension of Kickstart Scheme as jobs market remains subdued
CBI calls for extension of Kickstart Scheme as jobs market remains subdued The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young…
New 95% mortgage scheme launched
New 95% mortgage scheme launched On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to lenders. First…
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