News

The Household Support Fund will be doubled to £1billion from April 2022. The Fund will help households with the cost of essentials such as food, clothing and utilities....

In preparation for the 130% ‘super-deduction’ for companies coming to an end on 31 March 2023, other alternatives are being considered in an attempt to continue encouraging investment from April 2023. In the meantime, remember to talk to us about the reliefs potentially available (to companies...

Draft legislation has been published to change the basis periods for the assessment of self-employed profits to coincide with the tax year. The proposed new rules provide that from 2023/24 onwards profits or losses will be apportioned to tax years where the period of account...

Are you considering a career in accountancy? Are you looking for a local practice who will provide you with expert on-the-job training and sponsor you to study AAT?   DPC Chartered Accountants can offer you the perfect apprenticeship. Through a DPC apprenticeship, you will: Train in accounting, taxation and...

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...