The LB Weekly Roundup - 26 March 2021

26/03/2021 16 min Temporada 2 Episodio 10
The LB Weekly Roundup - 26 March 2021

Listen "The LB Weekly Roundup - 26 March 2021"

Episode Synopsis

Here is the latest instalment of The LB Weekly Roundup!This week our Managing Director Sarah Alexander discusses Year End Tax Planning and Payroll, IR35, the Job Retention Scheme, plus much more...--------------------------------------------------------As we head towards April now is the time to think about pre-tax year planning, doing the year end administration and filing the necessary forms to HMRC.Tax Planning Webinar - http://LBLink.uk/LBTP_PYETP Tax Planning PDF Guide - https://www.lewisbrownlee.co.uk/tax-planning-tips-2021It is time to look at the end of year payroll tasks for the current year and key changes affecting payroll for 2021-22. If we prepare your payroll we will of course file the necessary tax year end forms for you and keep you informed of any changes. See: https://www.gov.uk/payroll-annual-reportingIf you are a medium or large sized non-public sector organisation and you engage contractors, you should now be taking action to prepare for changes to the off-payroll working rules (IR35) coming into effect on 6 April 2021. You can find more information about the actions you need to take to prepare here: https://www.gov.uk/guidance/prepare-for-changes-to-the-off-payroll-working-rules-ir35 See our LB Talking Points video on the subject here: http://LBLink.uk/LBTP_IR35The VAT deferral new payment scheme is open for all businesses who deferred VAT due between 20 March and 30 June 2020 and still have payments to make, or who are unable to pay in full by 31 March 2021. Join from 19 March 2021 to benefit from the maximum number of 11 instalments.You can now submit your CJRS claims for periods in March 2021. These must be made by Wednesday 14 April.As announced in the Budget, the CJRS has been extended until the end of September 2021. See: https://content.govdelivery.com/accounts/UKHMRCED/bulletins/2c7619c The Restart Grant scheme supports businesses in reopening safely as COVID-19 restrictions are lifted. Grants will be available from 1 April 2021, but you can submit applications in advance.See: https://www.gov.uk/guidance/check-if-youre-eligible-for-a-coronavirus-restart-grantIf you have any questions or would like to discuss any topics further, then please get in touch. You can call us on 01243 782 423, or email [email protected]. Alternatively, head to our website to see our other Thank you for tuning in to the Lewis Brownlee Podcast! If you enjoyed this episode, make sure to subscribe and leave a review to stay updated on our latest insights and discussions. To learn more about our services, visit us at www.lewisbrownlee.co.uk or follow us on social media: Twitter: @LewisBrownlee LinkedIn: Lewis Brownlee For any questions or feedback, feel free to reach out at [email protected] Disclaimer: The content of this podcast is for informational purposes only and should not be considered financial advice. Please consult with a professional advisor for tailored guidance.