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
New employer legislation
| Posted on December 17, 2018 at 5:10 AM |
Employers - Please be aware of the following new legislation as it applies from today.
The government has introduced what it claims to be the biggest package of workplace reforms for 20 years after concerns that ministers have failed to appeal to voters who are “just about managing”.
Legislation that comes into effect today will ensure:
- Employers give workers details of their rights from the first day in their job, including eligibility for paid and sick leave
- Workers are given the right to request more predictable hours
- Measures will be taken to ensure that seasonal workers get the paid time off they are entitled to
- Iincreased fines of up to £20,000 for employers who have deliberately victimised their staff
The reforms, outlined by the business secretary Greg Clark, plan to stop the “unfair” use of pay-between-assignment contracts which allow businesses to opt out of equal pay arrangements for agency employees.
Categories: None
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
970 Comments
Reply
yeezy
11:18 PM on March 20, 2021
I have to convey my passion for your kind-heartedness giving support to persons who actually need assistance with in this concept. Your personal commitment to getting the solution all through had become remarkably interesting and have in every case allowed women like me to attain their targets. Your warm and helpful facts can mean this much a person like me and extremely more to my peers. Many thanks; from all of us.
yeezy http://www.yeezy350boost.us.com
yeezy http://www.yeezy350boost.us.com
Reply
nike sb dunks
6:05 AM on March 21, 2021
I needed to compose you one very little word to help give many thanks again with your marvelous thoughts you've shared here. It's so pretty open-handed of people like you to grant publicly precisely what a number of people would've sold for an e book to get some bucks for their own end, mostly considering the fact that you might have tried it in case you desired. The guidelines additionally served to be the good way to be aware that someone else have similar keenness just like my very own to learn great deal more around this matter. I am certain there are many more enjoyable instances in the future for folks who read your website.
nike sb dunks http://www.sbdunk.us
nike sb dunks http://www.sbdunk.us
Reply
pandora charms
6:07 AM on March 21, 2021
I and also my buddies came checking out the best guidelines found on your web blog then at once I had an awful suspicion I had not thanked the site owner for them. These young men appeared to be certainly stimulated to read through them and have in effect unquestionably been enjoying these things. I appreciate you for genuinely so helpful and then for pick out these kinds of amazing tips most people are really wanting to be informed on. My very own honest regret for not saying thanks to you earlier.
pandora charms http://www.pandorascharms.us
pandora charms http://www.pandorascharms.us
Reply
off white
6:09 AM on March 21, 2021
I happen to be commenting to make you be aware of what a nice encounter our girl enjoyed checking yuor web blog. She even learned a good number of pieces, which include what it is like to have an excellent helping spirit to let other people without hassle master a variety of extremely tough subject areas. You truly did more than our own desires. Thanks for supplying these important, dependable, educational as well as cool tips on this topic to Emily.
off white http://www.offwhite.us.com
off white http://www.offwhite.us.com
Reply
jordan 12
6:09 AM on March 21, 2021
Thanks so much for providing individuals with an exceptionally special opportunity to read critical reviews from here. It's always so useful plus jam-packed with fun for me and my office colleagues to visit your web site minimum thrice in a week to learn the newest tips you will have. Of course, I am usually motivated with all the good concepts you give. Certain two tips in this post are absolutely the most effective we have had.
jordan 12 http://www.jordan12.us.com
jordan 12 http://www.jordan12.us.com
Reply
Online Essay
10:38 AM on March 21, 2021
fit college essay biology assignment write my homework ma thesis proposal writing website literature review in research proposal
Reply
kyrie 7
9:52 PM on March 21, 2021
I really wanted to send a quick comment in order to express gratitude to you for the lovely ways you are writing here. My incredibly long internet search has at the end of the day been rewarded with excellent facts and techniques to share with my visitors. I would mention that many of us site visitors are very blessed to be in a useful community with so many outstanding people with helpful advice. I feel pretty lucky to have used your entire site and look forward to really more fabulous minutes reading here. Thanks once again for all the details.
kyrie 7 http://www.kyrie-7.com
kyrie 7 http://www.kyrie-7.com
Reply
Essay Writer Reviews
11:48 PM on March 21, 2021
proposal writing do my homework website analysis essay college essay guy essay writer professional assignment writers write my paper.com
Reply
Carlfog
5:17 AM on March 22, 2021
how much is cipralex augmentin 1000 mg price south africa vardenafil online canada viagra pills online south africa generic tadalafil in canada
Reply
Denfog
8:41 AM on March 22, 2021
tadalafil tablets 20 mg price in india where can i buy viagra online discount cialis 20mg tadalafil tablet buy online india cialis 10mg cost
Reply
supreme clothing
3:04 PM on March 22, 2021
A lot of thanks for your whole work on this website. My mom delights in setting aside time for investigations and it is easy to understand why. Almost all know all of the dynamic way you present precious secrets via this website and as well as improve participation from other ones about this area plus our own simple princess is really understanding a lot of things. Have fun with the rest of the new year. You are conducting a really good job.
supreme clothing http://www.supremesclothing.us.org
supreme clothing http://www.supremesclothing.us.org
Oops!
Oops, you forgot something.