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04 Feb 2021
HMRC has revealed that more than 10.7 million taxpayers submitted their 2019/20 Self Assessment tax returns by the 31 January deadline.
HMRC has published the names of 139 named companies that failed to pay minimum wages amounting to £6.7 million to over 95,000 workers.
Finance Secretary Kate Forbes delivered the 2021/22 Scottish Draft Budget on Thursday 28 January 2021, setting out the Scottish Government's financial and tax plans.
As part of the Scottish Budget, Finance Secretary Kate Forbes also announced changes to Land and Buildings Transaction Tax (LBTT) which apply from 1 April 2021.
The government has announced that employers can now apply for a £1,000 bonus, a cash boost, to help them take on new trainees.
The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first time in April 2021.
The Confederation of British Industry (CBI) has urged the government to provide more financial assistance to businesses affected by the coronavirus (COVID-19) pandemic ahead of the Budget on 3 March 2021.
The UK's Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.
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Unfortunately we live in an age where there are a few people who make it their business to intercept emails and steal information. For this reason emailing documents unencrypted is not entirely secure and can put your information at risk. To combat this we are introducing a client portal that sends your documents to a secure website. You will have your own log in details and will be able to see any documents we send you. You’ll have access to them anytime, anywhere. All you need is access to the internet (this can be via smartphone or tablet).
This means that you won’t need to search old emails from us to find documentation or information. It will all be readily available through the portal for up to 12 months.
Through the portal you’ll also be able to sign documents off via the internet. This means no trips to the post office to send signed documentation back to us. One click through the portal and you will have signed a document, with the signed copy automatically sent back to us.
This is the future of document sharing and we are pleased to be introducing this measure which will increase your security as well as your access to documentation.
We will soon be sending a document out which will prompt you to Activate your account.
Edmund Carr continue to monitor the changing landscape on a daily basis and are following all advice issued by the Government and Public Health England extremely closely.
The health and well-being of all our staff, clients and business partners are essential to us and we will continue to put their safety first.
Edmund Carr has established robust business procedures to ensure that we can continue to operate a full accounting, tax, payroll and advice service, with the minimum of disruption to all.
As part of our review we have decided to restrict contact with other parties, and business travel, to an absolute minimum.
Above all else we are here to assist and help wherever possible should the need arise, so please continue to contact us in the normal way.
COVID-19 Risk assessment - 25/07/2020
Thank you for your continued support and understanding.
Stewart Martin – Partner
For and on behalf of Edmund Carr LLP