Lola's Consultancy Ltd

ABSOLUTELY brilliant news!

I wish they said so month ago!

Self Assessment customers are encouraged to complete their tax return by 31 January. However, if that is not possible, they will not be charged a late filing penalty if they do it by 28 February. Do your return here 👇

https://www.gov.uk/log-in-file-self-assessment-tax-return?&utm_source=facebook&utm_medium=social&utm_campaign=self_assessment&utm_content=file_online

Self Assessment customers: Did you know that the threshold for paying tax liabilities has been increased to £30,000 and can be paid off in 12 monthly instalments? Learn more here 👇

https://www.gov.uk/government/news/self-assessment-customers-to-benefit-from-enhanced-payment-plans?&utm_source=facebook&utm_medium=social&utm_campaign=self_assessment&utm_content=ssttp

Start your Self-Assessment return early. If you can’t pay in full, access the support and advice that’s available to you. We may be able to help by arranging an affordable payment plan. Find out more here 👇

https://www.gov.uk/government/news/self-assessment-customers-to-benefit-from-enhanced-payment-plans?&utm_source=facebook&utm_medium=social&utm_campaign=self_assessment&utm_content=ssttp

From 1 October, Self Assessment customers can apply online for additional support to help spread the cost of their tax bill. This includes increasing the threshold for paying tax liabilities to £30,000 which can be paid off in 12 monthly instalments. 👇

https://www.gov.uk/government/news/self-assessment-customers-to-benefit-from-enhanced-payment-plans?&utm_source=facebook&utm_medium=social&utm_campaign=self_assessment&utm_content=ssttp

Changes to the job retention scheme

The Job Retention Scheme will close to new entrants from 1 July. To qualify employers must have placed employees on furlough by 10 June so that they've finished the minimum furlough period by 30 June. Employers then have until 31 July to make a claim ⬇️ https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme?&utm_source=facebook&utm_medium=social&utm_campaign=covid19&utm_content=jrs

Help for self-employed Business Support