Budget 2021 Summary

Following Today’s Announcement from the Chancellor

We summarise below the key points announced by the Chancellor in today’s Budget…

If you have any queries, please do not hesitate to contact us.

Business Guidance for Covid-19
Budget for 2021

Furlough will continue until September, with no change of terms. After July, businesses will be asked for a 10% (70%…

Business Guidance for Covid-19
 Late payment surcharge extension

HMRC announced that the 5% late payment surcharge will not apply this year from 3 March and instead only arises…

Business Guidance for Covid-19
More help to 1.4m firms repaying Covid loans

Small firms are to get more time to repay state-backed Business bounce back​ loans taken out to help survive the coronavirus…

Business Guidance for Covid-19
Self-assessment deadline COVID19

To file their returns and face penalties including 2.6% interest on the money owed revealed by HMRC. More than 10.7…

Business Guidance for Covid-19
Coronavirus (COVID-19) Third National Lockdown

Although we do spend a vast amount of time each year chasing clients for information and signed pages of Tax…

Business Guidance for Covid-19
CJRS (coronavirus job retention scheme) – what about the Christmas holiday?

Claims under the Coronavirus Job Retention Scheme (CJRS) are currently open for pay periods in November and December 2020 and…

Business Guidance for Covid-19
Coronavirus Latest Announcement

Publishing employers’ information HMRC will publish the names, an indication of the value of claims and Company Registration Numbers of…

Business Guidance for Covid-19
Self-Employment Income Support Scheme (SEISS) Grant Extension

The rules on who is eligible to claim have changed. However, any claimants will still need to have submitted a Self-Assessment…

Business Guidance for Covid-19
Job Retention Scheme & Self Employment Income Support Scheme

It was also confirmed that the Job Retention Bonus will no longer be paid in February 2021, as CJRS will…

Business Guidance for Covid-19
Coronavirus Latest Announcement

Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now…

Latest news, case studies & events

Business Guidance for Covid-19
news
Budget for 2021

Furlough will continue until September, with no change of terms. After July, businesses will be asked for a 10% (70%…

Business Guidance for Covid-19
news
 Late payment surcharge extension

HMRC announced that the 5% late payment surcharge will not apply this year from 3 March and instead only arises…

Business Guidance for Covid-19
news
The Construction Industry Scheme (CIS) VAT reverse charge applies to construction services from 1 March 2021.

At a glance The CIS VAT domestic reverse charge measure will apply to supplies of construction work from 1 March…

Business Guidance for Covid-19
news
More help to 1.4m firms repaying Covid loans

Small firms are to get more time to repay state-backed Business bounce back​ loans taken out to help survive the coronavirus…

Business Guidance for Covid-19
news
Self-assessment deadline COVID19

To file their returns and face penalties including 2.6% interest on the money owed revealed by HMRC. More than 10.7…

Business Guidance for Covid-19
news
Coronavirus (COVID-19) Third National Lockdown

Although we do spend a vast amount of time each year chasing clients for information and signed pages of Tax…

What our clients say...

Sayeed is a highly professional accountant, his effective strategy & planning saved me from paying a hefty amount of tax which I would have paid should I had not taken his advice.

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We would highly recommend Mike and his team for their exceptional services

I have been a client of Usman’s for many years. He is very professional and reliable always responds quickly to my queries. I can highly recommend his accountancy services.

Usman is highly professional, efficient & highly knowledgeable accountant. His effective tax consultancy and accountancy services had made us save and plan tax. We highly recommend him.

I highly recommend Mr Usman Nazir as an accountant. His in-depth knowledge and experience helped me immensely and with my tax return. He quickly took the stress out of the process for me and worked through my finances promptly making me savings that I would have not been able to achieve by myself. I am very thankful now to be on his books as I know now I have his experience and input for the next time making the process so much easier.

Yes this chap has helped me with my accounts and has done a fantastic job Well recommended Very pleased with the outcome

Highly recommended, he listens to his clients! I am extremely grateful for Usman’s sound advice and support over the last six months. I see him regularly at our networking group and one day I expressed my frustration of my then accountant. Usman offered to help with no obligation or payment, so I gave him access and I quickly realised he was going to be a great asset so I switched accountants in June this year. Usman liaised with HMRC to do a review of my accounts dating back to 2017. He kept me informed at all stages and ultimately it allowed me to free up cash to reinvest in the business. I am extremely grateful and can safely say Usman always has the client’s interest at heart and makes them feel at ease even when deadlines are due. If you are frustrated with your current accountant or you’re not getting strategic financial and business advice, I would recommend Usman in a heartbeat knowing your business growth is his primary objective. Thank you Usman, I am forever grateful and will continue to highly recommend you and your team!