FWD Tax Tips and News

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01/06/2020
Coronavirus (COVID-19) update: homeworkers' expenses
The government has introduced a temporary tax exemption and National Insurance disregard to ensure that home office equipment purchased by employees as a result of the coronavirus outbreak, will not attract tax and NICs liabilities where reimbursed by the Read More...
 
Coronavirus (COVID-19) update: self-assessment payment deferrals
To help ease the financial impact of the coronavirus (COVID-19), the Government has announced that self-employed taxpayers may be able to defer some tax payments without paying a penalty. At present it is possible to: Read More...
 
Coronavirus SSP Rebate Scheme launches
From 26 May 2020 onwards, employers can make claims through the Coronavirus Statutory Sick Pay (SSP) Rebate Scheme. This is a new online service and forms part of the package of support measures for businesses affected by the COVID-19 outbreak. Read More...
 
Tax-efficient savings update
As the new tax year progresses, now is a good time review some of the tax-efficient savings incentives available which may help maximise potential returns. Read More...
 
June questions and answers
I am the director of a limited company and due to the impact of the coronavirus, I will need to waive my entitlement to company dividends for the time-being. Are any formal waiver procedures necessary? Read More...
 
June 2020 Key tax dates
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/6/2020 Read More...
 
About Us

FWD Accounts Suffolk, offering local business owners and individuals a wide range of services.

We help our clients by producing regular management accounts for their business and then talk through those numbers and what they mean.  Email Jason at jnf@fwdaccounts.co.uk if this is of interest, and he will provide you a quote for doing this and he can explain how it would work.  Waiting for this financial information until your year end is often too long, and it does not allow the business to make corrective action at an early stage, if it was necessary. It also allows us time to make tax planning decisions as the year develops, to minimize the final tax payable.

All clients are entitled to fixed fees, work delivered on time and phone support. Visit our website fwdaccounts.co.uk for more information.

 

 

 
 

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