Waltons blog
Keeping you up to date
We’re constantly checking out what’s going on in the business world and exploring the latest changes. We’ll keep you informed as to how these changes could affect you and your business with our complementary blog articles.
We’re always here to help, and if there are any topics you would want us to cover, please let us know and we’d we happy to do so.
Hiring new apprentices? Extra funding is available
Hiring new apprentices? Here’s what you need to know Here's what you need to know about applying for extra funding to help your business take on new apprentices. With effect from 1 June, employers of all sizes in England can apply for extra funding to help...
Reminder: Forms P11D due by 6 July
Reminder - P11D Forms due by 6 July Despite the coronavirus lockdowns, HMRC still expect P11D forms reporting expenses and benefits to be submitted by the normal 6 July deadline. Employers need to submit a P11D form to HMRC for each employee you have provided...
HMRC urge businesses to carry out due diligence into their labour supply chain
HMRC urge businesses to carry out due diligence into their labour supply chain HMRC is warning organisations about the use of mini umbrella companies in the labour supply chain and the need to carry out due diligence to protect the organisation from financial...
What is the Help to Grow programme? Now open for registrations
Help to Grow programme The Government's new Help to Grow programme is now open for registrations and launches in June. The programme will help small and medium sized businesses across the UK learn new skills, reach new customers and improve profits. What is The...
Are you trading in a Freeport tax area? NIC Relief available for employers
NIC Relief for employers whose employees are working in Freeport tax areas The Government have announced a new zero rate of secondary Class 1 National Insurance Contributions (NICs) for eligible employers on the earnings of eligible employees working in a Freeport...
Are you trading with the EU? Reminder to apply for the SME Brexit Support Fund by 30 June 2021
Are you trading with the EU? You will need to follow new customs and tax rules if your business moves goods between the UK and countries in the EU. Your business will be affected by the new rules if: you buy goods from an EU seller and bring them into the UK....
Reminder: VAT deferral – apply online by 21 June 2021
VAT deferral – apply online by 21 June 2021 The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March and 30 June 2020 and were unable to pay in full by 31 March 2021. If you apply to spread your payments between 20...
Do you have plans to grow or improve your business? Find out how you could receive up to 55% of your spend.
The last year has been a challenge for many of us. With re-start and growth back on the cards for many businesses, are you aware there is grant funding available, and you could be eligible to apply for up to 55% on your expenditure in your business that will lead...
Here’s the latest update on Tax Relief for Employees who are working from home
Having now entered another tax year, HMRC have clarified the working from home allowance for 2021/22. HMRC previously announced that for 2020/21, even if you were required to work from home for ONE DAY during the tax year, you can claim tax relief for the WHOLE YEAR. ...
Self-Assessment – 2019/20 Late filing and payment penalties reminder
HMRC Self-Assessment – REMINDER of Late Filing Penalties & Late Payment Interest/Surcharges If you have not submitted your tax return for the year to 5 April 2020 (which was due for submission on or before 28th February 2021), HMRC will already have charged the...
Key appointments add up for ambitious accountants
An ambitious team of Chartered Accountants are aiming for growth after strengthening their management team with two senior appointments. Waltons have appointed Sharon Hutchinson as operations director, with Paul Harrison taking on the role of managing director. Paul,...
Did ‘Tax Day’ live up to the hype?
Normally, every year the Government manage to arrange for the Budget to take place on my wife's birthday, which always leaves me with a slight dilemma if we are due to have the day off. So, this year when Budget Day was announced as being on 3 March, I breathed a sigh...
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