HMRC Latest Updates

SEISS checks - are you ready?

As well as documents showing how you worked out your SEISS claim HMRC requires you to keep records of how your business was adversely affected. Simply saying “we had less income” won’t be enough. List cancelled contracts and orders as well as indefinitely delayed work for regular customers. Make records now while the details are still fresh. For more information, contact us.

VAT payment holiday is over

VAT payments due after 30 June must be paid on time or HMRC may apply surcharges. VAT which has been deferred must be paid by 31 March 2021. If you need more time for any VAT payments you can ask HMRC for a time to pay arrangement. For more information, contact us.

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