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
Get ahead for 2020
| Posted on December 6, 2019 at 5:45 AM |
With the Christmas preparations to do, the parties to go to and the the election next week it is a very busy time of year for most of us and the last thing we may be concerned about it is our self assessment tax return. However, 2019 is now drawing to a close and it will soon be January leaving us just one month to prepare our annual tax returns. Now is the time to get ahead for 2020! Contact Sam ([email protected]/ 01983 653145) to discuss how I can assist you to prepare your accounts and tax return, send me your accounts records, then sit back with your mince pie and sherry while they are prepared for you. January's only taxing task is to review and approve for submission!
Categories: None
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
1836 Comments
Reply
off white
4:20 AM on January 27, 2021
I precisely desired to thank you so much once again. I am not sure the things I might have sorted out without those smart ideas revealed by you regarding this theme. It was before an absolute intimidating matter in my view, but considering a expert fashion you processed that took me to weep over delight. Now i am thankful for your work as well as expect you really know what a great job your are accomplishing teaching the rest with the aid of a web site. Probably you have never encountered any of us.
off white http://www.offwhiteoutlet.us.org
off white http://www.offwhiteoutlet.us.org
Reply
golden goose
5:08 AM on January 27, 2021
I wanted to compose you a little bit of remark in order to give many thanks yet again considering the exceptional suggestions you have featured above. It's so extremely generous of you to make unreservedly precisely what a number of people might have offered for an ebook in order to make some bucks for themselves, even more so seeing that you might have done it if you desired. Those guidelines as well acted to be a fantastic way to be certain that other individuals have a similar keenness like my own to understand great deal more with reference to this condition. Certainly there are numerous more enjoyable situations ahead for those who scan through your website.
golden goose http://www.goldengoose-shoes.us.com
golden goose http://www.goldengoose-shoes.us.com
Reply
Payday Loan
6:18 AM on January 27, 2021
direct lenders bad credit no checking account payday loans payday loans salem oregon
Reply
Cash Loan
9:38 AM on January 27, 2021
quicken loans careers loan brokers loan lenders express cash advance loans in virginia payday loans no fax best payday loan lenders
Reply
Carlfog
9:10 PM on January 27, 2021
cialis online 5 mg cheap sildenafil 20mg zithromax 500mg over the counter cymbalta 9542 allopurinol daily
Reply
Maryfog
9:28 PM on January 27, 2021
metformin from mexico amoxicillin 875 mg tablet price buy lyrica online india best online pharmacy cost doxycycline 100mg viagra for sale without prescription avodart capsule 0.5 mg generic finasteride canada where can i buy cialis pills vardenafil without prescription
Reply
Paulfog
11:42 PM on January 27, 2021
how to get propecia in south africa drug trazodone 50 mg buy chloroquine canada celebrex tablets australia diflucan without a prescription
Reply
Online Payday Loans
11:45 PM on January 27, 2021
loan mart debt relief programs credit check payday loans loans need a loan long term payday loans consolidation loans for fair credit
Reply
supreme clothing
3:22 AM on January 28, 2021
I want to express my thanks to you for rescuing me from this difficulty. Just after checking throughout the search engines and meeting tricks which are not powerful, I figured my life was over. Being alive minus the solutions to the issues you've solved by means of your good website is a crucial case, and ones which might have negatively affected my entire career if I hadn't discovered your blog post. Your actual know-how and kindness in playing with a lot of stuff was vital. I am not sure what I would have done if I had not encountered such a solution like this. I am able to at this point look forward to my future. Thanks a lot so much for this impressive and effective guide. I will not be reluctant to suggest the blog to anybody who would need counselling about this area.
supreme clothing http://www.supremes-clothing.com
supreme clothing http://www.supremes-clothing.com
Reply
birkin bag
4:19 AM on January 28, 2021
I have to show my appreciation for your kindness giving support to visitors who should have assistance with your niche. Your very own dedication to passing the message all over came to be certainly interesting and have specifically allowed guys just like me to arrive at their aims. This insightful guide means this much a person like me and even more to my colleagues. With thanks; from everyone of us.
birkin bag http://www.hermesbirkinbags.us.com
birkin bag http://www.hermesbirkinbags.us.com
Reply
Online Payday Loan
5:53 AM on January 28, 2021
payday loans in utah loans lenders swift payday loans best personal loan payday loan for bad credit credit card consolidation loan
Reply
Eyefog
7:38 AM on January 28, 2021
trazodone pharmacy price tenormin 25 mg tablet bactrim 875 mg bupropion hcl sr cialis professional buy prednisolone online uk atarax 50 mg cost propecia buy without a prescription glucophage 100 mg tablet inderal 10mg cost
Reply
Speedycash
5:22 PM on January 28, 2021
best debt consolidation loans loans till payday car loans for bad credit online payday lenders cash advance texas
Reply
curry 8
5:35 PM on January 28, 2021
Needed to post you a bit of note in order to thank you so much as before on the precious tactics you've shared in this case. This is remarkably open-handed with people like you to offer publicly all numerous people would've distributed as an e book in making some bucks on their own, primarily now that you might well have done it if you ever desired. Those secrets additionally acted as a great way to fully grasp other people online have a similar zeal much like my own to find out a good deal more when considering this matter. I am sure there are a lot more enjoyable occasions in the future for many who read through your site.
curry 8 http://www.curry8shoes.us
curry 8 http://www.curry8shoes.us
Reply
Denfog
6:37 PM on January 28, 2021
viagra cialis levitra online prednisolone buy online uk indocin generic price of cymbalta lexapro discount
Oops!
Oops, you forgot something.