50 Steps to prepare your personal tax return for HMRC

Preparing your personal tax return is one of the most important interactions that you will have with HMRC. Mistakes can have costly consequences and cause concern. At Jack Ross, we understand that you want certainty that your personal tax compliance obligations are met on a timely and accurate basis. That’s why we have a thorough[…]

Making Tax Digital – HMRC to Prioritise MTD

In order to try and build public trust the HMRC charter has been upgraded and updated to clarify the standards of behaviour expected from both them and tax payers. The have also provided clearer guidance on Making Tax Digital, meaning it is more accessible and as clear and authoritative as possible. Support services will be[…]

HMRC resumes investigations after COVID-19

What to expect from tax probes in 2020/21 After temporarily pausing tax investigations as COVID-19 business support measures rolled out earlier this year, HMRC has restarted probes into businesses and individuals’ tax affairs. The Revenue has also started to direct its attention towards the misuse of coronavirus support schemes, such as the furlough scheme and[…]

Manchester Accountants Jack Ross

Coronavirus Webinar 30 March 2020

Please see below for our webinar on the help available from government for small businesses, including barristers and employers, during the Covid-19 coronavirus crisis. Subjects covered include interest-free loans grants for retails and hospitality businesses deferring VAT and self assessment payments Job retention scheme support for self-employed who earn up to £50,000 per annum Please[…]

Coronavirus Job Retention Scheme

UPDATED 9 APRIL 2020 What has changed since 7th April? As below, we advised that business owners must submit their own applications for the Coronavirus Job Retention Scheme grant, and that we, unfortunately, could not do this on our clients’ behalf. We are pleased to say that HMRC have released new information which indicates that[…]

12 months interest free loans via your bank

Coronavirus Business Interruption Loan Scheme Updated: 7th April 2020 On 20th March 2020, the Chancellor of the Exchequer, Rishi Sunak, announced several measures to help businesses across the UK who will be affected by the Covid-19 coronavirus. The situation is changing rapidly. This was the third significant announcement by the Chancellor in 10 days. Subscribe[…]

Covid-19 Self Assessment Income Tax Deferral Scheme – 20 March 2020

On 20th March 2020, the Chancellor of the Exchequer, Rishi Sunak, announced several measures to help businesses across the UK who will be affected by the Covid-19 coronavirus. The situation is changing daily and there is scant detailed information coming from the government. We will be keeping our website up to date and ensuring we[…]

Covid-19 VAT Deferral Scheme 20 March 2020

Eligibility On 20th March 2020, the Chancellor of the Exchequer, Rishi Sunak, announced several measures to help businesses across the UK who will be affected by the Covid-19 coronavirus. The situation is changing daily and there is scant detailed information coming from the government. We will keeping our website up to date and ensuring we give you the[…]