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
selectakaza
8:26 PM on May 31, 2021
white blue black nike free 5.0 v6 mens shoes uniqlo gilet womens game evan mathis womens jersey denver broncos 69 home orange nfl adidas nmd runner blue black shoes billig port authority l500 womens shoes 5.5
selectakaza http://www.selectakaza.net/
selectakaza http://www.selectakaza.net/
Reply
Alanfog
10:54 PM on May 31, 2021
cialis australia over the counter ivermectin brand name hydroxychloroquine sulfate generic generic cialis pharmacy buy generic viagra online in usa megalis 20 for female in hindi cheap sildenafil 50mg viagra for men for sale sildenafil 25 mg tablet price viagra 30 mg
Reply
kobe sneakers
12:30 AM on June 1, 2021
I want to voice my affection for your kind-heartedness supporting visitors who need help with the issue. Your real dedication to passing the message all around has been unbelievably interesting and have surely permitted regular people just like me to achieve their aims. This interesting help means much to me and far more to my peers. Many thanks; from everyone of us.
kobe sneakers http://www.kobesneakers.com
kobe sneakers http://www.kobesneakers.com
Reply
Judyfog
9:26 AM on June 1, 2021
gabapentin 1200 mg tadalafil for sale from india generic levitra 40 mg can you buy sildenafil without a prescription buy provigil rx canadian pharmacy no prescription hydroxychloroquine 100 mg tablet where to buy real viagra can i buy cialis over the counter in australia prescription free canadian pharmacy
Reply
cironajle
12:26 PM on June 1, 2021
adidas nmd nero primeknit adidas yeezy boost 350 hong kong price gold billig jordan true flight nero and rosa women air jordan 11 black gold shoes on sale billig nike womens free 3.0 v4 blue grey yellow billig red black blue new air jordan ultra fly for uk billig
cironajle http://www.cironajle.com/
cironajle http://www.cironajle.com/
Reply
Paulfog
2:40 PM on June 1, 2021
female viagra australia tadalafil 20 cheap viagra 100mg canada pharmacy rx world canada real viagra no prescription
Reply
Denfog
4:52 PM on June 1, 2021
cialis generic 60 mg cost of cialis 5mg in canada cialis 5mg price cheap generic tadalafil 5mg bluechew tadalafil
Reply
golden goose
8:07 PM on June 1, 2021
I am also commenting to let you be aware of what a outstanding discovery my friend's girl went through going through your blog. She picked up numerous details, including what it is like to possess an ideal teaching style to make the rest smoothly fully understand chosen specialized issues. You really surpassed our expected results. Thanks for distributing such important, dependable, edifying as well as unique thoughts on this topic to Jane.
golden goose http://www.goldengoosesonline.com
golden goose http://www.goldengoosesonline.com
Reply
stone island jacket
8:44 PM on June 1, 2021
I in addition to my guys happened to be digesting the good key points on your web blog while at once I had an awful feeling I had not thanked you for those tips. The young boys became for this reason joyful to read through all of them and have in effect undoubtedly been using them. Many thanks for being very accommodating and also for finding certain incredibly good subject matter most people are really eager to discover. My very own sincere regret for not expressing appreciation to sooner.
stone island jacket http://www.stoneislands.us
stone island jacket http://www.stoneislands.us
Reply
drombusch
3:45 AM on June 2, 2021
elite scott chandler youth jersey new england patriots 88 alternate red nfl adidas yeezy boost 350 v2 red night vision nike game over red white shoes billig all white air jordan 1 shoes spain limited chris clemons womens jersey jacksonville jaguars 91 home teal green nfl youth 2012 new nfl jerseys houston texans 8 schaub blue portrait fashion jerseys
drombusch http://www.drombusch.com/
drombusch http://www.drombusch.com/
Reply
kobe byrant shoes
4:49 AM on June 2, 2021
Thanks for every one of your hard work on this blog. My daughter really likes participating in research and it is easy to understand why. I know all of the powerful form you render informative items via the web site and as well as invigorate participation from other individuals about this subject and my child is in fact starting to learn a lot. Take pleasure in the rest of the year. You are always doing a great job.
kobe byrant shoes http://www.kobe.us.com
kobe byrant shoes http://www.kobe.us.com
Oops!
Oops, you forgot something.