Budget Impact Statement 2021

Budget Impact Statement 2021

How will budget changes affect you? The Chancellor, Rishi Sunak, presented his 2021 Budget on 3 March 2021. The extent to which the measures will affect you will depend on your personal circumstances. This report is split for your convenience into three sections: 1....
Is your 2019-20 tax return filed?

Is your 2019-20 tax return filed?

Readers who have not yet filed their 2019-20 self-assessment tax return for 2019-20 have less than one month to do so. The online filing deadline is 31 January 2021. Could clients reading this article, who have not supplied all the information we have requested to...

Best wishes for 2021

The turning of the old year into the potential for the new year has usually generated the Happy New Year salutation. And indeed, we do wish our readers all the very best for 2021. But what challenges we face. Will schools reopen, are we facing a further national...

Concerned about tax payments due 31 January 2021?

UK taxpayers that file a tax return will need to pay a variety of self-assessment tax and NIC liabilities that will fall due at the end of January 2021. They include: • The second payment on account for 2019-20 if deferred when first due 31 July 2020. • Any balance of...

Parting shot from the Chancellor

For a man that has admitted he has concerns about the level of government funding committed to the support of businesses during the last nine months, Rishi Sunak’s disclosure last week that he is extending the furlough scheme to the end of April 2021 points to a...