HMRC Rejects claims for Extension of January Filing Deadline
HMRC has rejected claims to extend the 31 January 2021 Self Assessment filing deadline, and will issue penalties for late returns. However, they have stated that they will accept pandemic related issues and agent delays due to the Covid etc. as "reasonable excuse". HMRC have also stated whilst they are to enforce the January filing deadline, they will take in to account individuals who have difficulties in paying their tax liability. HMRC rejects calls to relax tax return de
Christmas and Furlough claims
Employers wishing to make a claim under the governments CJRS scheme should consider whether any employees will be taking annual holiday during the festive period. ACCA have recently issued the following guidance. Care must should be taken as to whether employers need to make up the 20% shortfall for any employees taking annual leave whilst also being furloughed. CJRS – what about the Christmas holiday? All current claims must be submitted by Monday. Claims under the Coronavir