2020/21 tax return & reporting SEISS grants
If you’re self-employed and you claimed up to three grants via the self-employed income support scheme in 2020/21, now is the time for us to assess your income tax and NICs liabilities.
If you’re self-employed and you claimed up to three grants via the self-employed income support scheme in 2020/21, now is the time for us to assess your income tax and NICs liabilities.
From April 2023, sole traders and landlords with income above £10,000 must keep digital records and use software to update HMRC for income tax.
On Saturday, HM Revenue and Customs announced that Self-Assessment taxpayers will not be charged the 5% late payment penalty if they pay their tax or set up a payment plan by 1 April 2021.