Over 10.2 million filed their Self Assessment by 31st January 2022

HM Revenue and Customs (HMRC) has confirmed that more than 10.2 million customers filed their 2020 to 2021 tax returns by the 31st January 2022 deadline. More than 630,000 filed on deadline day and the peak hour for filing was 16:00 to 16:59 when 52,475 completed their Self Assessment. There were 20,947 who completed their … Continue reading Over 10.2 million filed their Self Assessment by 31st January 2022

COVID-19 support – what’s available and actions you may need to take

Dear PAYadvice.UK I’m writing to you with the latest information about the financial support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes: information about the Self-Employment Income Support Schemea reminder of the 14‌‌‌‌ ‌June deadline for submitting May Coronavirus Job Retention Scheme (CJRS) claimsdetails of changes … Continue reading COVID-19 support – what’s available and actions you may need to take

1.3 million employees moving off furlough in March and April

Furlough numbers have fallen to their lowest level this year, according to official statistics published as the number of people relying on the scheme fell to 3.4 million. 1.3 million fewer employees accessed the furlough scheme in March and April 2021 according to new datathe furlough scheme will remain in place until the end of … Continue reading 1.3 million employees moving off furlough in March and April

COVID-19 support – what’s available and actions you or your clients may need

Dear Payadvice Ltd, I’m writing to you with the latest information about financial support schemes available to help your clients as part of the UK Government’s Plan for Jobs. This includes the latest on the Self-Employment Income Support Scheme (SEISS), the Coronavirus Job Retention Scheme (CJRS) and the VAT deferral new payment scheme. Thank you for … Continue reading COVID-19 support – what’s available and actions you or your clients may need

Self-Employment Income Support Scheme fourth grant

At the Budget 2021, it was confirmed that the fourth SEISS grant will be set at 80% of 3 months’ average trading profits, paid out in a single instalment, capped at £7,500. The fourth grant will take into account 2019 to 2020 tax returns and will be open to those who became self-employed in tax … Continue reading Self-Employment Income Support Scheme fourth grant

Self-Employment Income Support Scheme (SEISS) – claim now before 29th January deadline

Dear @PAYadvice, The deadline for claiming the third SEISS grant is fast approaching. If your clients are eligible, they must make their claim on or before 29‌‌‌th January 2021. As with the first and second SEISS grants, the third grant will be subject to Income Tax and self-employed National Insurance and must also be reported … Continue reading Self-Employment Income Support Scheme (SEISS) – claim now before 29th January deadline