A short update regarding the Chancellor's recent admission related to support of small business during the ongoing Covid-19 crisis.
Late Self Assesment
The current deadline for late Self Assessment Returns for the 2018-19 financial year has now been extended by an additional month from March 26th, allowing business owners extra time to file their accounts and avoid financial sanctions.
Tax Credits
Self-employed people are being urged to apply for Tax Credits should they need immediate financial support. Access to this help can only be initiated by calling Her Majesty's Revenue & Customs directly via phone or through an accountant.
Please note that you will need to have filed a Self Assessment Tax Return for the previous tax period in order to be considered for funding.
Support & Advice
For easy and affordable accountancy support during these testing and uncertain times, please call the friendly team at Ease Accounting today. We are working remotely and at full capacity, and will do everything we can to ease your concerns.
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