The long awaited help for the self-employed goes live on 13 May, although some taxpayers will not be able to claim until 14 May or later! You can, however, prepare now, by checking your eligibility and setting up a Government Gateway. Eligibility If you are self -employed or a partner in a trading business, then you will qualify for this…
Read more
Webinar Recording – Bounce Back Loan Scheme or Coronavirus Business Interruption Loan Scheme, which is best for your Business?
McCleary & Company Ltd. did a webinar on on 7 May 2020, a recording can be accessed from the following link CBILS Or Bounce Back Loan: Webinar Recording You may notice that I have inadvertently recorded the presenter view, sorry about that, I hope it doesn't take away from your enjoyment! I have also uploaded a pdf of…
Read more
Claiming tax relief for home office expenses
In the past, claims for the costs of home office furniture and other equipment has been difficult to obtain unless your employer dictates that you must work from home. With the advent of lock-down and working from home now mandated for a large proportion of the working population, HMRC are being inundated with claims. Employees…
Read more
Tax Diary May/June 2020
1 May 2020 - Due date for corporation tax due for the year ended 30 July 2019. 19 May 2020 - PAYE and NIC deductions due for month ended 5 May 2020. (If you pay your tax electronically the due date is 22 May 2020). 19 May 2020 - Filing deadline for the CIS300 monthly…
Read more