SFS Accounting
Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
Watch out for HMRC Scams
It could be a scam if it:
1. is unexpected, 2. offers a refund, tax rebate or grant, 3. asks for personal information like bank details, 4. is threatening, 5. tells you to transfer money
You can be sure that HMRC will:
1. only ever call you asking about a claim or payment on a debt that you already know about, 2. never leave a voicemail threatening legal action, 3. never give the reason for a call on a voice message
If you receive any communication through WhatsApp claiming to be from HMRC it’s a scam.
It could be a scam if it:
1. is unexpected, 2. offers a refund, tax rebate or grant, 3. asks for personal information like bank details, 4. is threatening, 5. tells you to transfer money
You can be sure that HMRC will:
1. only ever call you asking about a claim or payment on a debt that you already know about, 2. never leave a voicemail threatening legal action, 3. never give the reason for a call on a voice message
If you receive any communication through WhatsApp claiming to be from HMRC it’s a scam.
Protect yourself from scams
Protect yourself from scams
Protect yourself from scams
Stay vigilant about scams, which may mimic government messages as a way of appearing authentic. Search 'scams' on GOV.UK for information on how to recognise genuine HMRC contact. You can also forward suspicious emails claiming to be from HMRC to [email protected] and texts to 60599.
Third grant of the Self-Employment Income Support Scheme (SEISS)
Third grant of the Self-Employment Income Support Scheme (SEISS)
For self-employed clients, the third SEISS grant closes for claims on Friday 29 January. You must claim on or before this date.
Similar to the first and second SEISS grants, the third SEISS grant will also be subject to Income Tax and self-employed National Insurance. Alongside the first and second grants, the third SEISS grant should be reported on your 2020/21 Self Assessment tax returns (filing deadline 31 January 2022).
Where you also claim Universal Credit (UC), the Self-Employed Income Support Scheme grant should be reported to DWP in the month the grant is paid and may affect the amount of UC received.
New 100% government backed loan scheme for small business
New 100% government backed loan scheme for small business
• businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
• businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
The new Bounce Back Loans scheme, announced by the Chancellor, will allow businesses to borrow between £2,000 and £50,000 and access the cash within days. Loans will be interest free for the first 12 months, and from Monday 4 May, businesses can apply online through a short and simple form.
For further information:
Support for Business during the Covid-19 pandemic
• Business rates - There will be a one-year business rates holiday for all businesses in England in the retail, hospitality and leisure sector. This change will apply automatically.
• £25,000 cash grants for retail, hospitality and leisure - Businesses must have a rateable value between £15,000 and £51,000. Local authorities will write to businesses that meet the criteria.
• £10,000 grant for the smallest businesses - Any businesses currently eligible for Small Business Rate Relief (SBBR) or Rural Rate Relief will qualify. Apply for the emergency funding direct from their local Council.
• Self-employed Income Support - The Government is to pay self-employed people across the UK a taxable grant worth 80% of their average monthly profit. This will be calculated from up to three years of tax filings (if available), and be capped at £2,500 per month. HMRC will contact eligible taxpayers and tell them how to apply. This will not be available until June 2020.
• Tax and VAT bills delayed - Payment of key taxes will be automatically deferred to provide businesses with a further potential source of working capital. You may need to cancel direct debit instructions with your bank if direct debits have been set up to pay taxes.
• HMRC Time to Pay service - Struggling businesses and self-employed people can ask HMRC for more time to settle tax bills. Decisions will be made case by case. Call the HMRC dedicated helpline on 0800 0159 559.
• Coronavirus Business Interruption Loan Scheme - Individual businesses will be able to apply for loans up to a maximum of £5 million. The Government will pay the interest for 12 months and will guarantee 80% of the loan. Any company with a turnover of up to £45 million can apply.
• Coronavirus Job Retention Scheme – The Government will cover 80% of the salaries of workers who remain on payroll but are temporarily not working during the coronavirus outbreak, up to a total of £2,500 a month. Employers will submit claims via an online portal.
• Statutory sick pay - Any business with fewer than 250 employees will have the cost of providing 14 days of statutory sick pay (per employee) refunded by the government in full. It will also apply from day one rather than the usual day four of illness — even if individuals have no symptoms.
• Universal Credit - Self-employed workers can claim income support if they need to self-isolate.
• Hardship fund - A £500 million hardship fund is to be made available through local authorities.
For Isle of Wight Businesses
• Pay it Forward Crowdfunder and match-funding by Solent LEP - If you are a micro or small business you could access to up to £2,000 in match funding through the Solent LEP’s Crowdfunder’s Pay it Forward scheme.
For further information:
www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
Support for Business during the Covid-19 pandemic
• Business rates - There will be a one-year business rates holiday for all businesses in England in the retail, hospitality and leisure sector. This change will apply automatically.
• £25,000 cash grants for retail, hospitality and leisure - Businesses must have a rateable value between £15,000 and £51,000. Local authorities will write to businesses that meet the criteria.
• £10,000 grant for the smallest businesses - Any businesses currently eligible for Small Business Rate Relief (SBBR) or Rural Rate Relief will qualify. Apply for the emergency funding direct from their local Council.
• Self-employed Income Support - The Government is to pay self-employed people across the UK a taxable grant worth 80% of their average monthly profit. This will be calculated from up to three years of tax filings (if available), and be capped at £2,500 per month. HMRC will contact eligible taxpayers and tell them how to apply. This will not be available until June 2020.
• Tax and VAT bills delayed - Payment of key taxes will be automatically deferred to provide businesses with a further potential source of working capital. You may need to cancel direct debit instructions with your bank if direct debits have been set up to pay taxes.
• HMRC Time to Pay service - Struggling businesses and self-employed people can ask HMRC for more time to settle tax bills. Decisions will be made case by case. Call the HMRC dedicated helpline on 0800 0159 559.
• Coronavirus Business Interruption Loan Scheme - Individual businesses will be able to apply for loans up to a maximum of £5 million. The Government will pay the interest for 12 months and will guarantee 80% of the loan. Any company with a turnover of up to £45 million can apply.
• Coronavirus Job Retention Scheme – The Government will cover 80% of the salaries of workers who remain on payroll but are temporarily not working during the coronavirus outbreak, up to a total of £2,500 a month. Employers will submit claims via an online portal.
• Statutory sick pay - Any business with fewer than 250 employees will have the cost of providing 14 days of statutory sick pay (per employee) refunded by the government in full. It will also apply from day one rather than the usual day four of illness — even if individuals have no symptoms.
• Universal Credit - Self-employed workers can claim income support if they need to self-isolate.
• Hardship fund - A £500 million hardship fund is to be made available through local authorities.
For Isle of Wight Businesses
• Pay it Forward Crowdfunder and match-funding by Solent LEP - If you are a micro or small business you could access to up to £2,000 in match funding through the Solent LEP’s Crowdfunder’s Pay it Forward scheme.
For further information:
www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
Blog
FMAAT
| Posted on October 27, 2017 at 4:30 AM |
Very proud to announce I have today been awarded Fellow Membership of AAT 
Categories: None
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
150 Comments
Reply
nike kyrie 5
1:55 PM on August 30, 2020
I truly wanted to make a comment in order to say thanks to you for these stunning points you are sharing on this website. My prolonged internet lookup has now been rewarded with professional strategies to talk about with my great friends. I 'd declare that many of us visitors are undoubtedly blessed to be in a superb site with so many perfect professionals with helpful strategies. I feel extremely blessed to have used your entire website and look forward to plenty of more cool moments reading here. Thank you once again for a lot of things.
nike kyrie 5 http://www.kyrie5.us
nike kyrie 5 http://www.kyrie5.us
Reply
kd shoes
3:02 PM on August 30, 2020
I not to mention my pals ended up checking the best ideas on your site then unexpectedly I had a horrible feeling I never thanked the web site owner for them. My people had been as a consequence joyful to study all of them and now have definitely been loving them. Thanks for being simply accommodating and then for picking such very good guides most people are really needing to be aware of. My sincere regret for not expressing gratitude to you earlier.
kd shoes http://www.kd-10.us
kd shoes http://www.kd-10.us
Reply
moncler jackets
11:58 PM on August 30, 2020
I simply had to thank you very much again. I do not know the things that I could possibly have done in the absence of the type of concepts shown by you concerning that situation. It absolutely was a hard concern for me personally, but noticing the specialised mode you solved that made me to jump with joy. I am just thankful for this advice and even have high hopes you find out what a great job you were accomplishing educating the rest thru a blog. Probably you've never got to know all of us.
moncler jackets http://www.monclers.us.org
moncler jackets http://www.monclers.us.org
Reply
goyard tote
4:03 PM on August 31, 2020
My spouse and i ended up being very joyful when Albert could deal with his survey through the ideas he discovered through the web site. It's not at all simplistic just to possibly be making a gift of hints which often others could have been trying to sell. And now we fully understand we need you to be grateful to for that. All the explanations you've made, the straightforward blog menu, the friendships you can make it easier to promote - it's everything astounding, and it is making our son and our family recognize that that content is awesome, which is certainly extraordinarily mandatory. Thank you for all the pieces!
goyard tote http://www.goyardhandbag.us
goyard tote http://www.goyardhandbag.us
Reply
yeezy shoes
5:53 PM on August 31, 2020
Thank you a lot for providing individuals with such a marvellous opportunity to read critical reviews from this blog. It is usually so cool and also jam-packed with a lot of fun for me personally and my office colleagues to visit the blog nearly three times in a week to study the new guidance you have. And indeed, we are certainly contented with your dazzling hints you give. Selected 1 ideas on this page are in truth the most efficient I have had.
yeezy shoes http://www.yeezysshoes.us
yeezy shoes http://www.yeezysshoes.us
Reply
bape hoodie
7:00 AM on September 1, 2020
I and also my buddies were actually following the best tricks located on your web blog and so immediately came up with a horrible suspicion I never thanked the site owner for them. These people appeared to be as a consequence passionate to read through them and have in effect in actuality been using these things. Thank you for genuinely quite accommodating and also for going for this sort of essential themes most people are really needing to be informed on. Our honest regret for not expressing gratitude to you earlier.
bape hoodie http://www.bapehoodie.us
bape hoodie http://www.bapehoodie.us
Reply
curry shoes
11:20 AM on September 1, 2020
I simply desired to appreciate you once more. I do not know what I would've sorted out in the absence of the actual tricks contributed by you over such subject. Previously it was the frightful condition in my circumstances, however , considering a new expert avenue you resolved it took me to jump with happiness. Now i'm thankful for the service and as well , believe you know what an amazing job that you're doing training some other people using your site. I know that you have never encountered all of us.
curry shoes http://www.curryshoes.net
curry shoes http://www.curryshoes.net
Reply
kd shoes
8:13 PM on September 1, 2020
I simply desired to appreciate you all over again. I do not know the things that I would've carried out in the absence of the secrets documented by you over such field. It had become a real fearsome case in my circumstances, however , noticing this specialised strategy you handled it forced me to weep with joy. I am happier for the help as well as wish you realize what an amazing job that you're undertaking teaching others with the aid of your web page. Most likely you've never come across any of us.
kd shoes http://www.kd-10.us
kd shoes http://www.kd-10.us
Reply
kyrie 6
12:31 PM on September 2, 2020
I simply wanted to jot down a brief comment in order to appreciate you for all of the fantastic tactics you are posting here. My time intensive internet research has now been paid with high-quality points to share with my pals. I 'd suppose that we readers are undoubtedly lucky to live in a perfect site with very many awesome individuals with beneficial tricks. I feel rather grateful to have come across your web page and look forward to really more pleasurable moments reading here. Thanks once more for a lot of things.
kyrie 6 http://www.kyrie6.org
kyrie 6 http://www.kyrie6.org
Reply
golden goose
3:20 PM on September 2, 2020
Thanks so much for providing individuals with such a superb opportunity to read from this website. It can be so pleasant and also packed with a lot of fun for me personally and my office co-workers to visit your web site not less than 3 times in one week to learn the new guides you have. And indeed, we are at all times satisfied with your beautiful tricks you serve. Some 4 facts in this posting are honestly the most impressive I've ever had.
golden goose http://www.goldengoosesneakers.us
golden goose http://www.goldengoosesneakers.us
Reply
supreme
10:55 PM on September 2, 2020
My spouse and i got quite satisfied when Peter managed to finish up his researching because of the ideas he received from your site. It's not at all simplistic to simply happen to be releasing solutions which often some people could have been making money from. And we also acknowledge we need the writer to appreciate for this. The main explanations you made, the easy site navigation, the friendships you will help foster - it's got everything amazing, and it's really aiding our son in addition to the family feel that the subject matter is pleasurable, and that is especially vital. Thanks for all!
supreme http://www.supremes.us.org
supreme http://www.supremes.us.org
Reply
hermes handbags
11:47 PM on September 2, 2020
I would like to express my thanks to you just for rescuing me from this particular incident. Right after searching through the search engines and finding thoughts which were not powerful, I thought my entire life was done. Living without the approaches to the difficulties you've sorted out all through your main blog post is a serious case, as well as ones which could have badly damaged my entire career if I hadn't discovered your web blog. Your good ability and kindness in dealing with every item was helpful. I don't know what I would've done if I had not come upon such a solution like this. I am able to at this point look forward to my future. Thanks for your time very much for this impressive and results-oriented help. I won't think twice to endorse your blog to anybody who should receive guidelines on this subject.
hermes handbags http://www.hermes-handbags.us.org
hermes handbags http://www.hermes-handbags.us.org
Reply
hermes belts for men
2:49 AM on September 3, 2020
Needed to create you one very little note in order to thank you over again for your precious opinions you've featured here. It's open-handed of you to deliver without restraint all that numerous people might have made available for an electronic book to generate some profit on their own, notably considering that you could have tried it in case you decided. These concepts likewise served to provide a easy way to fully grasp that other individuals have the identical eagerness similar to my very own to realize a little more with respect to this condition. Certainly there are lots of more pleasurable times ahead for individuals that go through your site.
hermes belts for men http://www.hermesbelt.us.org
hermes belts for men http://www.hermesbelt.us.org
Reply
longchamp bags
6:42 AM on September 3, 2020
A formidable share, I simply given this onto a colleague who was doing a little bit analysis on this. And he actually purchased me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the treat! However yeah Thnkx for spending the time to debate this, I feel strongly about it and love studying extra on this topic. If possible, as you develop into experience, would you mind updating your weblog with more particulars? It's extremely helpful for me. Huge thumb up for this weblog post!
longchamp bags http://www.longchamphandbags.uk
longchamp bags http://www.longchamphandbags.uk
Reply
kyrie 3 shoes
9:06 AM on September 3, 2020
You made some first rate factors there. I regarded on the web for the problem and found most individuals will go together with along with your website.
kyrie 3 shoes http://www.kyrie3.us.com
kyrie 3 shoes http://www.kyrie3.us.com
Reply
kd shoes
6:42 PM on September 3, 2020
It?s exhausting to find knowledgeable people on this matter, but you sound like you realize what you?re talking about! Thanks
kd shoes http://www.kd-shoes.us
kd shoes http://www.kd-shoes.us
Reply
moncler outlet
9:34 PM on September 3, 2020
A formidable share, I just given this onto a colleague who was doing a bit evaluation on this. And he in reality bought me breakfast as a result of I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to debate this, I feel strongly about it and love studying extra on this topic. If attainable, as you turn out to be expertise, would you thoughts updating your blog with more particulars? It's highly helpful for me. Massive thumb up for this weblog put up!
moncler outlet http://www.monclerjackets.us.org
moncler outlet http://www.monclerjackets.us.org
Reply
off white jordan 1
11:11 PM on September 3, 2020
There are certainly quite a lot of particulars like that to take into consideration. That could be a great point to carry up. I supply the thoughts above as common inspiration however clearly there are questions like the one you carry up where an important factor might be working in honest good faith. I don?t know if finest practices have emerged round issues like that, however I am sure that your job is clearly recognized as a fair game. Both boys and girls really feel the impact of just a second?s pleasure, for the rest of their lives.
off white jordan 1 http://www.offwhitejordan1.us.com
off white jordan 1 http://www.offwhitejordan1.us.com
Reply
bape clothing
3:13 PM on September 4, 2020
very nice submit, i actually love this website, keep on it
bape clothing http://www.bape-clothing.us
bape clothing http://www.bape-clothing.us
Reply
yeezy boost
4:39 PM on September 4, 2020
Howdy! I simply wish to give an enormous thumbs up for the great data you could have here on this post. I will probably be coming back to your weblog for more soon.
yeezy boost http://www.yeezy-boost.us.com
yeezy boost http://www.yeezy-boost.us.com
Oops!
Oops, you forgot something.