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
Self Assessment at Christmas
| Posted on December 13, 2018 at 2:35 PM |
Take the weight off your shoulders this Christmas………
Mince pies, fairy lights and tax returns, two out three ain’t bad, let SFS Accounting carry the burden of the third one!
Get your tax return done well ahead of the 31 January 2019 deadline so you can relax and enjoy your celebrations.
The ghost of Christmas Past………….
● In 2017, 8,623 people completed their return on Christmas Eve or Christmas Day
● 92 tax returns arrived at HMRC between 11pm and midnight on Christmas Eve
● around 1.3 million submitted returns after Christmas
● 30,348 between 11pm and midnight on 31 January
● around three-quarters of a million people missed the deadline
Those unwanted gifts…………
If you fail to submit a tax return before midnight on 31 January 2019 you’ll face a fine of £100, with interest charged on any late payments.
That applies to returns which are up to three months late. If you let your return slip later again, you could see the fine rise by £10 a day, up to a maximum of £900.
If after six months you still haven’t sorted it, a further penalty of 5% of the tax you owe, or £300 – whichever is more – applies.
There’s an additional penalty of 5%, or a £300 charge, if you still haven’t reached a resolution after a year, while fines of 5% of the unpaid tax can be charged after 30 days, 6 months and 12 months.
Greater Expectations………….
● the process is easier than it used to be
● giving your accountants time means they can apply for all the tax breaks you may entitled to (lower your tax bill)
● if you want your accountant to act on your behalf you need to give them time to notify HMRC of this intention.
Take the pressure off and contact us now for help with your self-assessment 
Categories: None
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
13026 Comments
Reply
purificador de água pa355
12:02 PM on August 24, 2020
ã??ã?³ã?³ã?¯ ã?³ã?³ã??ã?¼ã??ct70ã??ã??ã??ã?? ã??ã?§ã?¼ã?³ç?ªå?寿ä¹? é?©ã?¸ã?£ã?³é??ã?ªã?¼ã?¬ã?« ã?µã?¤ã??/a
purificador de água pa355 http://www.sktradingbg.com/sapatenis_masculino_mercado_livre/puri
ficador-de-%c3%a1gua-pa355
purificador de água pa355 http://www.sktradingbg.com/sapatenis_masculino_mercado_livre/puri
ficador-de-%c3%a1gua-pa355
Reply
air max tn og purple
12:37 PM on August 24, 2020
finepix z å??é?» å??/aã??ã?ã?¼ã?©ã??ã?·ã?§ã?¼ã?? ã??ã?³ã??/a24 70 f2.8 a032 ã??ã?³ã??ã?¬ã??ã?¥ã?¼galaxy s10 ã?±ã?¼ã??tudia
air max tn og purple http://www.lespeillasses.com/sock_boots/air-max-tn-og-purple
air max tn og purple http://www.lespeillasses.com/sock_boots/air-max-tn-og-purple
Reply
converse chuck taylor 70s usa
12:49 PM on August 24, 2020
gol a gol primera bnike air sb eric kostoncamiseta levisnike training shorts
converse chuck taylor 70s usa http://www.asessippiparkland.com/%e3%82%a2%e3%82%a4%e3%83%95%e3%8
2%a9%e3%83%b3_xr_%e3%82%b1%e3%83%bc%e3%82%b9/converse-chuck-taylo
r-70s-usa
converse chuck taylor 70s usa http://www.asessippiparkland.com/%e3%82%a2%e3%82%a4%e3%83%95%e3%8
2%a9%e3%83%b3_xr_%e3%82%b1%e3%83%bc%e3%82%b9/converse-chuck-taylo
r-70s-usa
Reply
Judyovale
1:07 PM on August 24, 2020
finasteride 5g drug robaxin lisinopril 40 mg generic zofran pill over the counter where to buy advair diskus sumycin drug viagra online cost viagra soft tabs uk malegra canada online estrace
Reply
skechers shoes budapest
1:25 PM on August 24, 2020
guess shoes near meg star 5620 3d tapered jeanswomen's construction boots with heelsslippers calvin klein
skechers shoes budapest http://www.cdxpressinc.com/cykeludstyr/skechers-shoes-budapest
skechers shoes budapest http://www.cdxpressinc.com/cykeludstyr/skechers-shoes-budapest
Reply
avental pvc branco
1:37 PM on August 24, 2020
ã??ã?«ã?»ã?ã??ã?¬ã?³ã?·ã?¢ã?¬the north face l3 ventrixã??ã?£ã?³ã??ã?ªã?³ ã?¹ã?¦ã?§ã??ã??å?¤ç??ã?»ã?ªã?¼ã?? celine ã??ã?³ã??ã??ã??ã?° wc ce 0058
avental pvc branco http://www.sapatosbaratos.net/tenis_futsal_nike_tiempo/avental-pv
c-branco
avental pvc branco http://www.sapatosbaratos.net/tenis_futsal_nike_tiempo/avental-pv
c-branco
Reply
é??å?¤ ã??ã??ã??é?²æ°´
1:45 PM on August 24, 2020
ã??ã?ã??ã?¦ã??ã??ã??ã?« b ã?ªã?¥ã??ã?¯ã??ã?§ã?¼ã?«ã??weegoiphone8 ã?±ã?¼ã??ã?´ã?ªã??/aibrex ã??ã?«ã?¼ã?³
é??å?¤ ã??ã??ã??é?²æ°´ http://www.golf-lessonpro.com/%e3%83%91%e3%82%ba%e3%83%ab/%e9%80%
9a%e5%8b%a4-%e3%83%90%e3%83%83%e3%82%b0-%e9%98%b2%e6%b0%b4
é??å?¤ ã??ã??ã??é?²æ°´ http://www.golf-lessonpro.com/%e3%83%91%e3%82%ba%e3%83%ab/%e9%80%
9a%e5%8b%a4-%e3%83%90%e3%83%83%e3%82%b0-%e9%98%b2%e6%b0%b4
Reply
Eyeovale
1:46 PM on August 24, 2020
lisinopril 40 mg price medication finasteride 5mg where buy indocin indomethacin wellbutrin 200 cipro 250 mg coupon hydrochlorothiazide brand name canada finpecia online pharmacy prozac 90 mg daily amoxil buying online singulair tablets over the counter nolvadex cheap online ivermectin uk buy seroquel xr atenolol 231 propranolol 20 mg cost estrace 1mg tablet price where to get ventolin cheap 40mg fluoxetine hydroxychloroquine sulfate 200mg tablet order viagra from canadian pharmacy
Reply
carhartt beanie neon
2:14 PM on August 24, 2020
persol 714 sunglasses blue steve mcqueensunglasses for women white plastic mirror full rimwestern kentucky university football jerseyclear plastic champagne glasses 4 oz 32 pieces
url=http://www.mentalhealthamericanwa.org/birkenstock_sandals/ca
rhartt-beanie-neon says...
carhartt beanie neon
Reply
nike jordan 14
2:20 PM on August 24, 2020
skechers revivalnike performance negrasadidas fast release zipperadidas zne hombre
nike jordan 14 http://www.tarifasultimorecurso.es/ropa_elegante_para_ni%c3%b1os_
de_un_a%c3%b1o/nike-jordan-14
nike jordan 14 http://www.tarifasultimorecurso.es/ropa_elegante_para_ni%c3%b1os_
de_un_a%c3%b1o/nike-jordan-14
Reply
logitech tastatur til ipad
2:37 PM on August 24, 2020
adidas football neck warmerfluffy teddy hoodiegap baby boy cardiganoff white nike cap
logitech tastatur til ipad http://www.lotusblossomstyle.com/quiltet_jakke_dame/logitech-tast
atur-til-ipad
logitech tastatur til ipad http://www.lotusblossomstyle.com/quiltet_jakke_dame/logitech-tast
atur-til-ipad
Reply
air jordan xi win like 96
2:37 PM on August 24, 2020
ã?¹ã??ã??ã?·ã??ã?·ã?£ã?¼ã??ã??ã?´ã?¼ã?«ã??ã?¨ã??ã?½ã?³ ã??ã?ªã?³ã?¿ã??ã?¹ã??ã??ã??å?°å?·ã?¨ã?¼ã?¨ã?¼ã??ã??ã??æ?±äº¬å??è¢
? ç??/a
air jordan xi win like 96 http://www.eaglescragmaine.com/ver_ropa_de_morgan_en_el_corte_ing
les/air-jordan-xi-win-like-96
? ç??/a
air jordan xi win like 96 http://www.eaglescragmaine.com/ver_ropa_de_morgan_en_el_corte_ing
les/air-jordan-xi-win-like-96
Reply
ã??ã??ã??ã??ã?©ã?³ã??
2:45 PM on August 24, 2020
ã?¢ã?¯ã?¢ã?ªã?¦ã? ã?ã?¹ã??/acolumbia ã?¢ã?¦ã?¿ã?¼ ã?¡ã?³ã??æ??/aã?¯ã?¼ ã?¬ã??ã??ã?¯ã?¼ã?©ã?¼è¨ç½® å??ã?¯ã?¼ã?©ã?¼
ã??ã??ã??ã??ã?©ã?³ã?? http://www.vzensai.com/gucci_%e3%83%aa%e3%83%a5%e3%83%83%e3%82%af
/%e3%83%8d%e3%83%83%e3%82%af-%e3%83%96%e3%83%a9%e3%83%b3%e3%83%89
ã??ã??ã??ã??ã?©ã?³ã?? http://www.vzensai.com/gucci_%e3%83%aa%e3%83%a5%e3%83%83%e3%82%af
/%e3%83%8d%e3%83%83%e3%82%af-%e3%83%96%e3%83%a9%e3%83%b3%e3%83%89
Reply
ã??ã?¥ã?¼ã??ã?©ã?³ã??m1400be
3:01 PM on August 24, 2020
ã?¯ã?ã??ã?¦ã?©ã?¬ã??ã??ã??ã??ã??/anikecraft tom sachsã??ã?£ã??ã?ã?¼ã?º ã??ã?¼ã?¸ã?¥ ã??ã?³ã??/aã??ã?©ã?? ã?¸ã?£ã??ã?³ é?¢æ?¥
ã??ã?¥ã?¼ã??ã?©ã?³ã??m1400be http://www.eduplus4u.com/%e3%83%9d%e3%82%b1%e3%83%a2%e3%83%b3_%e3
%81%8a%e3%82%82%e3%81%a1%e3%82%83/%e3%83%8b%e3%83%a5%e3%83%bc%e3%
83%90%e3%83%a9%e3%83%b3%e3%82%b9-m1400be
ã??ã?¥ã?¼ã??ã?©ã?³ã??m1400be http://www.eduplus4u.com/%e3%83%9d%e3%82%b1%e3%83%a2%e3%83%b3_%e3
%81%8a%e3%82%82%e3%81%a1%e3%82%83/%e3%83%8b%e3%83%a5%e3%83%bc%e3%
83%90%e3%83%a9%e3%83%b3%e3%82%b9-m1400be
Reply
jersey dortmund 2017 18
3:14 PM on August 24, 2020
jerseys some nbakris letang jersey amazonman united current jerseypumas unam jersey 17 18 retro
jersey dortmund 2017 18 http://www.ceerac.org/black_boots/jersey-dortmund-2017-18
jersey dortmund 2017 18 http://www.ceerac.org/black_boots/jersey-dortmund-2017-18
Reply
nike air zoom winflo 5 white
3:22 PM on August 24, 2020
identity ã?ã?¼ã??ã?«ã??ã??/aã?ªã?¼ã??ã?¼ã?ªã?¼ã??ã??ã?©ã?³ã?? ã?¢ã?¡ã?ªã?«ã?¸ã?§ã??ã?¬ã?¼ã?·ã?§ã?³ã??ç??ã?£èµ?ã??ã??ã?¬ã?¹ã?¬ã?
?ã??ã??ã?¬ã??ã?¢ã??v ã??ã??ã??ã?»ã?¼ã?¿ã?¼
nike air zoom winflo 5 white http://www.rspfloral.org/rubi_shoes/nike-air-zoom-winflo-5-white
?ã??ã??ã?¬ã??ã?¢ã??v ã??ã??ã??ã?»ã?¼ã?¿ã?¼
nike air zoom winflo 5 white http://www.rspfloral.org/rubi_shoes/nike-air-zoom-winflo-5-white
Reply
grö�en bei benetton
3:27 PM on August 24, 2020
accorder sa cravaterobe longue été etamnike coqcw1259 adidas
grö�en bei benetton http://www.jobbsverige.de/Regenjacken_m%c3%a4ntel/gr%c3%b6%c3%9fe
n-bei-benetton
grö�en bei benetton http://www.jobbsverige.de/Regenjacken_m%c3%a4ntel/gr%c3%b6%c3%9fe
n-bei-benetton
Reply
ingrosso materiale per paralumi amazon
3:28 PM on August 24, 2020
gorras de moda 2019bodys para chicasadidas shoes high qualityjeans militar mujer
ingrosso materiale per paralumi amazon http://www.corsainmontagnavco.it/Alimentazione_e_nutrizione/ingro
sso-materiale-per-paralumi-amazon
ingrosso materiale per paralumi amazon http://www.corsainmontagnavco.it/Alimentazione_e_nutrizione/ingro
sso-materiale-per-paralumi-amazon
Reply
botas calcetin zara
3:38 PM on August 24, 2020
pull pimkie femmepince a cravate hommeboucles d oreilles à pomponspull prune homme
botas calcetin zara http://www.gasthofholzer.at/pullover_herren/botas-calcetin-zara
botas calcetin zara http://www.gasthofholzer.at/pullover_herren/botas-calcetin-zara
Reply
ã??ã?¯ã?¿ã?¤ ã?·ã?«ã??ç?¡å?°
3:40 PM on August 24, 2020
jansport grey big student backpacknike men s mercurial vapor xi fglarge dog crate coverasics gel blast 7
url=http://www.fnservices.org/%e3%82%a2%e3%82%a4%e3%83%95%e3%82%
a9%e3%83%b3_11_pro_%e3%82%b1%e3%83%bc%e3%82%b9/%e3%83%8d%e3%82%af
%e3%82%bf%e3%82%a4-%e3%82%b7%e3%83%ab%e3%82%af-%e7%84%a1%e5%9c%b0
says...
ã??ã?¯ã?¿ã?¤ ã?·ã?«ã??ç?¡å?°
Oops!
Oops, you forgot something.