Fifth SEISS Grant Claim

Written by Tony Shackleford on July 16, 2021.

The fifth SEIS grant is similar in many respects to the previous 4 grant claims. However the level of the grant now depends on the extent to which turnover has dropped. In previous claims it was sufficient...

SEIIS 5, SEISS, Self employed income support scheme

HMRC Enquiries Relating To Covid Fraud

Written by Tony Shackleford on June 29, 2021.

To date HMRC has carried out in excess of 12,000 interventions relating to Covid grant claims. By 28 March 2021 HMRC has announced that 8 individuals have been arrested in relation to fraudulent grant...

Covid fraud

Change of Tax Year End

Written by Tony Shackleford on June 11, 2021.

The UK has the rather odd tax year end of the 5th April. The reason for this is principally due to the replacement of the Julian calendar by the Gregorian calendar in 1752. The change over would have...

tax year end

Electric Company Cars Update

Written by Tony Shackleford on May 17, 2021.

For many years, due to the significant tax charges imposed, it has generally not been worthwhile for employees to have company cars. The tax regime for company vans is however much more favourable. ...

Benefits in kind, Capital allowances on electric cars, company car tax, Electric cars

VAT on Dog Food – Why I Need an Accountant.

Written by Tony Shackleford on May 10, 2021.

Unlike solicitors or doctors, anyone can call themselves an accountant. Currently a significant number of accountants providing advice to taxpayers have no qualifications and are not regulated. Unlike...

do I need a tax adviser, Do i need an Accountant, unregulated accountant, VAT on dog food

IR35 Rules When Working For An Overseas Client

Written by Tony Shackleford on May 5, 2021.

HMRC recently clarified the IR35 rules as the relate to companies whose client is a wholly overseas business. A wholly overseas business is one which has no UK connection immediate prior to the start...

IR35, Overseas clients IR35

Self Employed Income Support Scheme (SEISS) – 4th Grant

Written by Tony Shackleford on April 22, 2021.

The system for applying for the 4th SEISS grant opens from 22 April 2021 to 29 April 2021. All grant applicants should be able to use the HMRC system by 29 April 2021. To be eligible for the grant,...

covid, SEISS, SEISS 4, Self employed income support scheme

Grants

Written by Tony Shackleford on April 6, 2021.

Detailed below are grants which have been made available recently: Lichfield District Council is offering grants of up to £3,000 to individuals who have been made redundant, or who are our of work and...

grants

VAT Registration

Written by Tony Shackleford on March 29, 2021.

HMRC have announced that they are going to undertake a campaign to target businesses which have sales in excess of the VAT threshold, but which are not registered for VAT. The current VAT registration...

VAT registration

Government Consultation on Payment of Taxes

Written by Tony Shackleford on March 24, 2021.

The UK government is undertaking a consultation in respect of the timing of payment of taxes. In particular it is looking at speeding up the payment of both corporation tax and income tax paid through...

Corporation tax, income tax, Making Tax digital, Tax payment