News and events
News
Ellacotts welcomes Wayne Glenton to the Agriculture team
We are delighted to welcome Wayne Glenton as a Director in our Agriculture and Property team in our Kettering office.
Key highlights from the UK Government Tax Day announcements
On 23 March 2021, the UK government held its first-ever ‘Tax Day’ whereby it published a series of tax documents and consultations. It is all a part of a move to strengthen policymaking and to help create a more “trusted, simple and modern tax system”.
Budget 2021 summary
The Chancellor, Rishi Sunak, delivered a Budget on Wednesday 3 March 2021 with COVID in mind to “protect jobs and livelihoods”.
5% penalty for late payment of tax waived until April 2021
Did you know that you will be liable to a 5% penalty in addition to interest charges if your tax is paid more than 30 days late?
VAT domestic reverse charge for construction services
On 1 March 2021, the VAT domestic reverse charge for building and construction services comes into effect, changing who pays VAT to HMRC.
New flexible repayments for Bounce Back Loans (BBLS)
The government announces new Pay As You Grow flexible repayment options for Bounce Back Loans.
End of year tax planning: Use your allowances before 5 April 2021
The UK tax year ends on 5 April and so February and March can provide a last-minute chance to save some tax with a bit of careful planning.
Important upcoming tax deadline calender
Find out all of the important dates that you need to be aware of for your tax deadlines.
Fines and penalties for not completing your Self Assessment tax return
The 31 January Self Assessment tax return deadline is fast approaching. What are the financial implications if you miss the deadline?
VAT payment deferrals
The new VAT deferral payment scheme opens soon allowing you to make up to 11 interest-free monthly instalments
News
