Register your establishment for the Eat Out to Help Out Scheme
Contents Who can register What you’ll need Register What happens next Making a claim Other help you can get Contact HMRC You can use the Eat Out to Help Out Scheme to offer a discount to diners and encourage them to eat at your restaurant. You can use the Eat Out to Help Out Scheme: […]
Summary of key announcements from Finance Bill 2020-21
Tax credits deadline: customers at risk of losing out Tax credits customers have until 31 July 2020 to tell us about changes to their circumstances or income. Customers whose circumstances have changed in the last year or who have received a letter to reconfirm their income details must contact HMRC. Failure to correct their details […]
Self Employed Business Expenses: What Can I Claim?
All self employed businesses are required to complete a self-assessment tax return (SA100). Therefore, it is important to know which business expenses can be claimed against the income of the business to calculate the taxable profit. There are allowable expenses which can be included in the tax calculation but there are other expenses which cannot […]
How to apply for Coronavirus Bounce Back Loan Scheme?
Bounce Back Loan Scheme Details This scheme is available for small and medium sized business who can borrow a minimum of £2,000 and upto 25% of the total turnover of the business. However, the maximum amount that can be borrowed is £50,000. This scheme is fully backed by Government and guarantees 100% of the loan. […]
Self Assessment Tax Return
Overview Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return. If you need to send one, you fill it in after the end of the tax […]