Support Update: VAT Deferral, Bounce Back Loan Extension and Brexit Grant
A brief update on some recent announcements in respect of both Coronavirus and Brexit support measures:
Looking Ahead - Spring Budget 2021
Wednesday 3 March sees the Chancellor deliver his Spring Budget to outline the government’s fiscal plans, with coronavirus support undoubtedly expected to be at the forefront.
SEISS Round 3 - Deadline This Friday
Just a quick reminder that the deadline for claims under the third round of Self Employment Income Support Scheme (SEISS) grants is this Friday 29 January.
Self Assessment Late Filing Penalty Extension
The government has today announced that the £100 penalty for the late filing of the 19/20 self assessment tax return (due 31 January) will not be charged provided the return is filed online by 28 February.
Congratulations to Nick Rose on Achieving AAT Qualification!
We are delighted to announce that Nick Rose has passed his final exams and achieved AAT qualification.
VAT Update - Making Tax Digital and Construction Industry Reverse Charge
As we enter the new year we thought it would useful to provide a brief update on upcoming changes to VAT and the reporting thereon:
Congratulations to Sharon Derrick on 10 Years at DSA Prospect!
Huge congratulations to Sharon Derrick who has recently reached the milestone of 10 years at DSA Prospect!
Additional Lockdown Business Support Measures
Following the Prime Minister’s announcement of a new period of lockdown last night, we want to reiterate that we are here to help as much as we possibly can – please do contact us if you have any questions or concerns and we'll do all we can to support you through what will for many undoubtedly be a testing few weeks and months.