Please find below updated information on the following points: - VAT deferral payment schemes - The new National Minimum Wage rates - Self Assessment Tax Payments.
The VAT Reverse charge on Construction Services is being introduced by HMRC from 1st March 2021 in response to organised criminal attacks on the VAT system in the construction sector.
The Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) both have upcoming deadlines that you should be aware of.
The Brexit transition period has now ended. If your business trades goods with Europe, you will need to be aware of the changes that came into effect as of 1 January 2021.
Here is a summary of the available grants and business support schemes. We will continue to provide the latest updates on grants and business support, as and when information becomes available to us.
There are a number of grants and business support schemes available which you may be eligible for. We will continue to provide the latest updates on grants and business support that is available.
BPR Heaton are delighted to announce the strengthening of our team by welcoming Freddie Tamang. As one of Yorkshire’s largest independently owned Chartered practices, investing and developing our work force is extremely important to us to ensure that we uphold high standards of service to our clients.
We are now able to provide further information regarding the announcements made this week, covering the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employed Income Support Scheme (SEISS).
Following the announcement on Saturday of a new national lockdown, additional financial support is being provided by Government. This includes the extension for a month of the Coronavirus Job Retention Scheme (CJRS) with employees receiving 80% of their current salary for hours not worked and grants for business forced to close in England.
Yesterday the Chancellor announced a number of measures to assist employers and businesses during the Covid19 Pandemic.
Following on from our previous communications, we would like to remind you of the upcoming changes to the Coronavirus Job Retention Scheme (CJRS).
The Chancellor's plan to kick start the economy came in the form of a Summer mini budget. Read the key announcements here.
The current Covid19 outbreak is bringing many financial challenges to UK businesses and as such the government is announcing various support packages which seem to be changing on a daily basis. Below is a summary of the announcements as we understand them today and some practical issues to consider. We will endeavour to keep you up to date as we are made aware of further details.
The maximum Employment Allowance (EA) will increase from £3,000 to £4,000. Employers will only be eligible for EA if their total qualifying employers’ secondary Class 1 NIC liability in the tax year ending 5 April 2020 is under £100,000.
The government has confirmed that the National Living Wage (NLW) will rise from its current level of £8.21 per hour to £8.72 per hour from 1 April 2020.
The VAT Reverse charge on Construction Services is being introduced by HMRC from 1st October 2019 in response to organised criminal attacks on the VAT system in the construction sector. If you deal in Construction, you will need to be aware of the changes being brought in by HMRC and it is important you plan ahead for them as they could impact on your cashflow.
From the first quarter starting on or after 1 April 2019, most VAT registered businesses, with a taxable turnover above £85,000, must keep their records digitally and use MTD compliant software to submit their VAT Returns to HMRC.
It gives us great pleasure to announce that Alex Moors has been appointed as an Associate of BPR Heaton. Alex joined us in September 2011 and very quickly became a key member of the management accounting team...
A reminder that the National Minimum Wage (NMW) is set to increase on 1st April 2018.
Employers may be required to increase the amount of their contributions into their automatic enrolment pension.
A reminder that the National Minimum Wage (NMW) is set to increase on 1st April 2017.
BPR Heaton staff ran in the Leeds Colour run and raised £758.00 for the St Gemma's Hospice
A reminder that the National Minimum Wage (NMW) will increase from 1 October 2016 as follows
BPR Heaton staff took part in the Jeans for Genes day.
Here at BPR Heaton we have an experienced team dedicated to providing owner managed businesses of all sizes from start- ups to established companies with both strategic and day to day business support. From a fixed price of £99 + vat per month you can put your mind at rest and be assured that we will look after your finance function freeing you up to concentrate on your business.
Originally introduced in 2014, the national insurance contributions ( NICs )employment allowance is for the purpose of supporting businesses and charities in helping them to grow by cutting the cost of employment
From April 2016, the government will introduce a new mandatory National Living Wage (NLW) for workers aged 25 and above, initially set at £7.20 â€“ a rise of 50p relative to the current National Minimum Wage (NMW) rate. That's a £910 per annum increase in earnings for a full-time worker on
From April 2016 an employer can choose to include benefits in kind paid to their directors and employees through the payroll.