In February 2021 a new £20m SME Brexit Support Fund has been announced by Government, offering support to help businesses to adjust. Small businesses can get help in changing to new customs procedures, rules of origin, and VAT rules when trading with the EU. Is my Business Eligible for the New £20m SME Brexit Support […]

Could you or your employees claim working from home tax relief? Many people have joined the legions of home-workers in the last twelve months – saving money into the process. There’s no doubt about it, working from home is much easier in many ways. There isn’t the stress and cost of commuting and you’ll cut […]

1 February 2021 – Due date for Corporation Tax payable for the year ended 30 April 2020. 19 February 2021 – PAYE and NIC deductions due for month ended 5 February 2021. (If you pay your tax electronically the due date is 22 February 2021) 19 February 2021 – Filing deadline for the CIS300 monthly […]

If you took advantage of the offer to defer VAT payments falling due between 20 March 2020 and 30 June 2020 – to help out with the impact of COVID disruption – your now have three choices. You can: pay the deferred VAT in full on or before 31 March 2021 opt in to the […]

Almost 25,000 Self-Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HMRC revealed recently. In October, HMRC increased the threshold for self-serve Time to Pay arrangements from £10,000 to £30,000 for Self-Assessment taxpayers. Once they have completed their 2019-20 tax return and know […]

Contractors and subcontractors registered for VAT and the Construction Industry Scheme will need to use the VAT reverse charge process for building and construction services from 1 March 2021. VAT registered subcontractors affected by this change will no longer add VAT to their invoices to contractors. Instead, the contractors’ accounting system will need to add […]

Good News! You may be able to make insurance claims for coronavirus related business interruption losses. Here’s a starting point to help. This welcome news comes after the Supreme Court has allowed the Financial Conduct Authority’s appeal on behalf of policyholders. It means that many policyholders will now have their claims for coronavirus-related business interruption […]

Charities are more important than ever right now, but not being able to hold events is making a serious dent in their income. But the team here at Jones Harris has carried on with their usual festive fundraising this year. Festive Fundraising You might remember that we’ve held Christmas Jumper Day a few times in […]