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Fourth Self-Employment Income Support Scheme Open

Fourth Self-Employment Income Support Scheme Open

HMRC have confirmed the online service for applications for the self-employed income support scheme (SEISS) is now open. Importantly, applications for the grant must be made by the individuals and cannot be handled by accountants or tax advisers. This is the FOURTH...

SEISS – Payment Plan

SEISS – Payment Plan

Self Employed Income Support Scheme – Payment Plan Due to the impact of the Covid-19 pandemic, HMRC has given self-assessment taxpayers more time to pay their tax or set up a payment plan without facing a 5% late payment penalty charge, as long as arrangements were in...

Show Me The Money

Show Me The Money

    There was good news over the weekend for the hospitality sector with Chancellor Rishi Sunak announcing a further £5 billion grant scheme for businesses trading in the hospitality, accommodation, leisure, personal care and gym sectors. The grants will be...

Domestic Reverse Charge Explained

Domestic Reverse Charge Explained

  Welcome to another blog from RSS Bookkeeping & Accounts Ltd! Bit of a slog this one, regarding the Domestic Reverse Charge in construction – there’s some really important information in here so try and stick it out! OK, here we go… HMRC apply the domestic...

10 Years For Good Behaviour

10 Years For Good Behaviour

Not too often lately, have we had good news, but recently we have heard that anyone who has borrowed money using the bounce back loan scheme has now been given extra flexibility over the terms of repayment. The so-called ‘Pay As You Grow’ (PAYG) repayments has given...

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