Monthly Archives: January 2021

Deadline Reminder: Newly Self-Employed Support Scheme

For anyone based in Northern Ireland who began Self Employment during the 2019/20 Tax Year and has suffered a 40% reduction in profits, as a result of the Coronavirus Pandemic, a support grant remains available, however the closing date for applications is 6.00pm on 7th January 2021, so if you think you may be eligible…
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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 lock-down, will our already extended business owners…
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The transition period has ended

From the beginning of this month the Brexit transition period has ended. Negotiations to secure a trade agreement between the UK and the EU from 1 January 2021, have completed and we have a deal. Readers who import or export goods from or to the EU will now need to face the following challenges in…
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Tax Diary January/February 2021

1 January 2021 - Due date for Corporation Tax due for the year ended 31 March 2020. 19 January 2021 - PAYE and NIC deductions due for month ended 5 January 2021. (If you pay your tax electronically the due date is 22 January 2021) 19 January 2021 - Filing deadline for the CIS300 monthly…
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