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04 Dec 2020
Lockdown restrictions and mounting pressure on businesses could combine to cause a 'dramatic rise' in self-assessment filing this tax year, according to the Association of Accounting Technicians (AAT).
03 Dec 2020
The government must take steps to shore up business confidence while mass coronavirus (COVID-19) vaccinations are rolled out, according to the Confederation of British Industry (CBI).
02 Dec 2020
The number of applications for the government's Coronavirus Business Interruption Loan Scheme (CBILS) is set to rise, experts have predicted.
01 Dec 2020
HMRC has teamed up with the Advertising Standards Authority (ASA) to act against misleading marketing by promoters of tax avoidance schemes.
30 Nov 2020
The third SEISS (Self-Employment Income Support Scheme) grant opens for applications today (30 November).
27 Nov 2020
Many businesses will struggle to survive despite the end of lockdown, according to the Confederation of British Industry (CBI).
26 Nov 2020
On 25 November Chancellor Rishi Sunak delivered his latest Spending Review to the House of Commons, and stated that the coronavirus (COVID-19) pandemic has caused 'lasting damage' to the UK economy.
25 Nov 2020
Applicants for the third Self-employment Income Support Scheme (SEISS) grant will face a new test as the government tightens eligibility criteria, warns the Institute of Chartered Accountants in England and Wales (ICAEW).
24 Nov 2020
The Association of Taxation Technicians (ATT) is calling for guidance from HMRC on the status of virtual office seasonal parties this year.
23 Nov 2020
HMRC has started writing to 4,000 businesses in the hospitality sector requesting them to verify their claims made under the government's Eat Out to Help Out scheme.
20 Nov 2020
HMRC has warned self assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the tax return deadline.
19 Nov 2020
The Treasury has confirmed that the £1 million cap on the Annual Investment Allowance (AIA) is to be extended for an additional year as it continues to look at ways to stimulate the economy.
18 Nov 2020
Contactless payments via debit cards reached a record level in August, accounting for 62% of all debit card transactions during the month, according to data released by UK Finance.
17 Nov 2020
In a new consultation HMRC has confirmed that Making Tax Digital (MTD) for corporation tax (CT) (MTD for CT) will not be implemented until 2026 'at the earliest'.
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Stein Richards is monitoring carefully the escalating coronavirus situation. We are taking appropriate actions with the wellbeing of our clients, colleagues and our wider community being foremost in our minds.
From this week we will increase home working for all directors and employees. Clients should be reassured that our business infrastructure fully supports remote working and as such we expect to maintain the usual high level of service. We all remain available to support you in any way we can.
For the time being our offices remain open for clients where visits are essential and we would ask all visitors to take additional hygiene measures. Other than essential visits, we advise that you do not attend in person and that we work together ‘virtually’; We can be reached by phone, email and online conferencing calls in the usual ways. In the case of essential meetings in our offices, we will be asking attendees routine questions in advance about recent travel and possible exposure and, in all cases, will strive to limit the number of attendees.
The safety of our clients, staff and our wider community is paramount, but so too is ensuring that the high level of service expected by our clients is unaffected. We believe the measures which we are taking represent the most prudent course of action to achieve that balance.
We will remain in close contact with you and provide updates as the situation evolves.
Thank you for your continued support and understanding during this challenging time.
Robert Nissen and Rolanda Hyams