If you have still not submitted all of the information we need to complete your 2019-20 tax return, could we ask you to respond as soon as you can as the deadline is fast approaching – 31 January 2021. HMRC has made no announcement that this deadline will be extended. Accordingly, the initial £100 late […]

Most employers who are eligible will be aware that the furlough scheme (the Coronavirus Job Retention Scheme) has been extended for five months – from 1 November 2020 to 31 March 2021. The general terms for the first quarter to 31 January 2021 are: Maximum claim per employee is 80% of hours not worked. Furlough […]

Did you defer VAT payments this year? There’s an interest free, new payment scheme for VAT Deferral. More about the New Payment Scheme for VAT Deferral Businesses who deferred VAT due from 20‌‌‌ ‌March to 30‌‌‌ ‌June 2020 will now have the option to pay in smaller payments over a longer period. Instead of paying […]

The festive season is going to be quite different this year. The Government has released Christmas Bubble Guidance about what you can and can’t do. We’ve also included details about our own early office closure. Christmas Bubble Guidance Rules have been agreed between the four home nations regarding restrictions on friends and families meeting up […]

There’s updated business closure guidance for those who have been forced to close due to government restrictions. You can get up to date information from your local council, or contact us at Jones Harris. Some of the Updated Business Closure Guidance – Coronavirus Bounce Back Loan The Bounce Back Loan Scheme enables smaller businesses to […]

We are pleased to demonstrate to clients and third parties that we take data privacy and security very seriously.  Over recent years we have further invested into the technology we use, we are proud to let you know that Jones Harris is now Cyber Essentials certified. Cyber Essentials is a Government-backed and industry-supported scheme that […]

1 November 2020 – Due date for Corporation Tax due for the year ended 31 January 2020. 19 November 2020 – PAYE and NIC deductions due for month ended 5 November 2020. (If you pay your tax electronically the due date is 22 November 2020.) 19 November 2020 – Filing deadline for the CIS300 monthly […]

For many years Chancellors have threatened to reduce the Income Tax relief that can be claimed for payments into a private pension scheme. There have been reductions in the amount of contributions that can be made and the size of the pension fund that can be accumulated, but thus far, allowable contributions may still attract […]

The present rate of Inheritance Tax (IHT) that is payable by your executors on your taxable estate is 40%. The good news is that you can reduce the impact of this tax, which effectively reduces the amount of your hard-won assets that is received by your beneficiaries. For example: The first £325,000 is tax-free. This […]