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
malatyarent
1:17 PM on June 3, 2021
nike air max 87 zero women all red green billig nike roshe noir runners julie and the phantoms sweatshirt boston red sox rainbow hat hatchling jokes nike in esecuzione nero friday seahawks zip up hoodie
malatyarent http://www.malatyarent.com/
malatyarent http://www.malatyarent.com/
Reply
Carlfog
4:01 PM on June 3, 2021
viagra online fast delivery cialis daily use 5mg vardenafil online pharmacy sildenafil online nz where can i get cialis online
Reply
Paulfog
4:34 PM on June 3, 2021
where can i buy diflucan otc online rx viagra rxpharmacycoupons can i buy generic viagra sildenafil prices in canada
Reply
yeezy 350
5:17 PM on June 3, 2021
Thanks for every one of your efforts on this blog. Betty really loves setting aside time for research and it is obvious why. My partner and i know all about the powerful form you give invaluable secrets on your website and welcome contribution from other people about this area of interest so our own princess has been studying a great deal. Enjoy the remaining portion of the new year. You're carrying out a glorious job.
yeezy 350 http://www.yeezy350v2s.com
yeezy 350 http://www.yeezy350v2s.com
Reply
centercintas
9:47 PM on June 3, 2021
boston red sox cap size weight air max 90 black and red adidas gazelle og mid burgundy blanc air max 90 breeze rojo nike lunarglide 6 white damen jordan flight 45 svart grey red
centercintas http://www.centercintas.net/
centercintas http://www.centercintas.net/
Reply
kyrie 6
1:04 AM on June 4, 2021
I precisely desired to appreciate you all over again. I'm not certain what I could possibly have taken care of without the type of recommendations discussed by you concerning this area of interest. It has been the terrifying scenario in my opinion, but being able to see the specialised strategy you dealt with the issue forced me to jump with happiness. Now i am grateful for this assistance and as well , wish you are aware of an amazing job you have been doing educating the others through the use of your site. Most probably you have never come across all of us.
kyrie 6 http://www.kyrie6.org
kyrie 6 http://www.kyrie6.org
Reply
Alanfog
1:07 AM on June 4, 2021
how much does ivermectin cost can you buy orlistat over the counter cialis tablets online sildenafil india over the counter diflucan pill buy viagra with prescription 100mg sildenafil generic cost of propecia in india order viagra with paypal tadalafil 20mg from canada
Reply
Markfog
1:29 AM on June 4, 2021
how to order generic cialis cialis 10mg coupon modafinil for sale canada
Reply
lebron james shoes
2:36 AM on June 4, 2021
I am glad for writing to let you be aware of what a incredible discovery my friend's princess had browsing your web page. She figured out many issues, most notably what it's like to have a wonderful giving mood to get folks really easily grasp a number of hard to do subject areas. You really exceeded her expectations. I appreciate you for distributing such informative, safe, edifying as well as easy tips about the topic to Mary.
lebron james shoes http://www.lebron18.net
lebron james shoes http://www.lebron18.net
Reply
codehard
5:27 AM on June 4, 2021
texas rangers home hat game jordan 13 negro varsity rojo maple leafs practice jersey for cheap nike air max 90 qs hyperfuse rosso nike kaishi dunkelblau billig men stephen curry white red black shoes australia
codehard http://www.codehard.net/
codehard http://www.codehard.net/
Reply
Judyfog
8:33 AM on June 4, 2021
hq pharmacy online 365 sildenafil nz can you order valtrex online generic viagra canada sildenafil 110 mg gabapentin generic brand viagra drug levitra sales cialis 5mg daily price prozac online usa
Oops!
Oops, you forgot something.