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Date What’s Due 1 March 2021 Corporation tax payment for year to 31/5/20 (unless quarterly instalments apply) 15 March 2021 February Furlough claims must be made by this date 19 March 2021 PAYE & NIC deductions, and CIS return and tax, for month to 5/03/21 (due 22/03 if you pay electronically) 1 April...

Following the UK’s departure from the EU, the government intend to establish new Freeports as a means to boost trade, jobs and investment across areas of the UK.   What are Freeports? Freeports operate as secure customs zones, they are usually located at ports or airports, where businesses...

To encourage and support people getting onto the property ladder. The government will guarantee lenders who offer mortgages to people with a deposit of 5% on homes worth up to £600,000. All buyers who use this scheme will be able to fix their mortgage rate for...

The Universal Credit uplift of £20 per week will continue for a further six months. Working Tax Credit claimants also will be provided with equivalent support for the next six months. The Chancellor also confirmed the Government’s commitment to end low pay, increasing the National Living...

  Businesses that deferred VAT payments last year can join the new scheme to pay it in smaller monthly instalments.   If you deferred VAT payments due between 20 March 2020 and 30 June 2020 and still have payments to make, you can:   Pay the deferred amount in...

Are you ready for the introduction of the new way of accounting for VAT in the Building and Construction Industry?   This comes into force with effect from 1 March 2021.   The government had previously announced a delay to the introduction of the domestic reverse charge for the...

You or your employees may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all or part of the week. This includes if you have to work from home due to...

The Additional Restrictions Grant (ARG) provides local councils with grant funding to support closed businesses that do not directly pay business rates as well as businesses that do not have to close but which are impacted. In addition, larger grants can be given than those...

The Local Restrictions Support Grant (LRSG (Open)) supports businesses that have been severely impacted due to temporary local restrictions. Businesses that have not had to close but which have been severely impacted due to local restrictions (Local COVID alert levels: High or Very High) may be...