In the recent Budget, the chancellor has set out further support for the self-employed. In addition to the upcoming fourth grant there will also be a fifth SEISS grant covering the 5 months to 30 September.

Information about payment of Class 2 National insurance contributions through a Time to Pay arrangement, has been added and the Pay in Instalments section has been updated in the guidance by HMRC on how to pay self-assessment.

If you haven’t paid what you owe within 30 days of the filing date of your self-assessment return for that year, you’ll be charged a penalty. The good news is that HMRC has relaxed this rule for the 2019/20 tax year. What’s the full story?

Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax return late, as long as they file online by 28‌‌ ‌February. 

HMRC has rejected calls to reconsider automatically waiving late-filing penalties for self assessment tax returns due on 31 January,

The deadline for filing self assessment tax returns for the year 5 April 2020 is 31 January 2021 - penalties & interest will charged for late filing

Following the announcement by our Prime Minister on Saturday that a second lockdown will start today we wanted to write to you to let you know how Christchurch Accountants LLP will respond to the challenges that this may bring.

The Government has announced more support will be available for the self-employed in the form of two grants, each available for three-month periods covering November 2020 to January 2021 and February 2021 to April 2021.

Whether it’s credit card debt or a student or car loan, we’ll show you how to get to zero balance.

HMRC has updated its guidance on how to perform usual hours calculations where employees come off furlough or flexible furlough partway through a claim period. The change affects claims made from 14 September.