Tax Administration and Maintenance
30 November 2021 was Tax Administration and Maintenance (TAM) Day when the government published a series of consultations and tax policy updates, summarised in a command paper, together with a number of other documents outlining proposals to modernise and improve the UK tax system over the next 10 years, in particular further digitisation of the UK tax system.
Repaying Overclaimed CJRS Grants to HMRC
HMRC have updated their guidance on repaying Coronavirus Job Retention Scheme (CJRS) furlough grants that have been overclaimed by employers.
File Companies House accounts early and online to avoid delays
December is always a busy time with many companies due to file accounts with Companies House (CH) before the end of the month.
Prime Minister confirms move to Plan B in England
The Prime Minister confirmed last week that England will move to Plan B following the rapid spread of the Omicron variant in the UK.
UK Games Fund: round 8 now open
Round 8 of the UK Games Fund is now open. Round 8 is specifically designed to help early-stage games development companies registered at the time of application.
Please let us have details of your SEISS GRANTS For your 2020/21 TAX RETURN
PLEASE LET US HAVE DETAILS OF YOUR SEISS GRANTS FOR YOUR 2020/21 TAX RETURN
As you are probably aware tax agents were not able to claim SEISS grants on their client’s behalf, and we do not currently have access to the amounts you have claimed.
Global Entrepreneurship Week 2021
Global Entrepreneurship Week (GEW) is a collection of tens of thousands of events, activities and competitions each November ….
Pension contribution is tax efficient for both employee and employer
Pension contributions to approved pension funds on behalf of employees and directors continue to be a tax-free benefit provided the annual input limit is not breached. The contributions are also deductible for the employer provided incurred wholly and exclusively for the purposes of the trade and paid before the end of the accounting period of the business.
HMRC Warning not to use unfunded pension arrangements
HMRC are currently attacking a marketed tax avoidance scheme using unfunded pension arrangements to avoid Corporation Tax, Income Tax and National Insurance contributions….
Digital security by design: software ecosystem development
UK registered organisations can apply for a share of up to £8 million for projects to work on the development of the digital security by design (DSbD) software ecosystem. This funding is from the Industrial Strategy Challenge Fund.