TWJ Partnership LLP

As Crypto becomes more mainstream, it's actually affecting real people and we are now having to disclose different transactions on Tax Returns. There's a useful high-level explanation from Croner here. Any questions - please shout.

tax and cryptocurrency disposals accountancylive http://ow.ly/sgQW50GKbsw via

Q&A: tax and cryptocurrency disposals | Accountancy Daily In this week’s Q&A, Croner Taxwise experts consider the tax implications of disposing of cryptocurrency holdings and whether a lost hard drive containing bitcoin can be written off against tax

Phew! But don't delay. This will arrive (but at least HMRC has a better chance of being ready)

MTD for income tax delayed by a year until 2024 accountancylive

https://shar.es/aWGNbC via

MTD for income tax delayed by a year until 2024 | Accountancy Daily In a statement to MPs today, new financial secretary to the Treasury Lucy Frazer has confirmed that the introduction of Making Tax Digital (MTD) for income tax will be postponed by a year

They are coming for you!!
I recommend you prepare your file now to produce when they come knocking to prove you were entitled. Trying to work it back in a year's time will be a nightmare!

HMRC interrogates 12,000 over Covid scheme fraud The tax authority revealed that thousands of businesses are under investigation

(Cont ..)
Business rate relief for retail, hospitality and leisure is reduced to two-thirds discount
Future Fund: Breakthrough opens (anticipated).
Businesses should consider need for a Time to Pay arrangement
Individuals should consider the need for a Time to Pay SA arrangement.

Useful checklist of July changes to COVID support from ICAEW
Employers CJRS conts start at 10% of the cost of unworked hours plus total costs of all employers NIC and auto-enrolled pension conts. Employers who cannot make these conts may already be considering redundancy (cont)

https://t.co/4SEGQNTo8m?amp=1

HR Expert: Furlough Structure Changing A client is expecting that there will be changes to the Coronavirus Job Retention Scheme come July but is unsure exactly how this will impact their business. What are the changes coming in July onwards and how much will the client be able to claim from the Government?

As things open up (however slowly), it's not unusual to require some additional capital. TWJ can help you build your case.
DM us here, call us 0161 976 5999 or e-mail [email protected]

Recovery Loan Scheme: current accredited lenders - British Business Bank

Recovery Loan Scheme: current accredited lenders - British Business Bank Use the filters down the right-hand side to find which lenders in your region provide the type of finance you’re looking for. Note: Not every accredited lender can provide every type of finance listed, so please use the filter buttons to find the lender right for you. Please continue to monitor th...

https://t.co/7C3oXguv4l?amp=1

Pandemic may continue to mask economic impact of Brexit ICAEW members have expressed concern that ongoing Brexit issues are being masked by the impact of the coronavirus pandemic and are calling for a more granular understanding of the economic forces at play to help organisations mitigate its effect.

https://www.royalmail.com/import-one-stop-shop-ioss

Helping you get ready for the EU’s VAT e-commerce changes on 1 July 2021 | Royal Mail Group Ltd Major changes with regards to EU Value Added Tax (VAT) are coming to businesses selling goods to consumers located in the EU. The changes will take effect on 1 July 2021 and it is important that you are fully aware of, and ready to deal with, these changes by that date.

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Helping you get ready for the EU’s VAT e-commerce changes on 1 July 2021 | Royal Mail Group Ltd Major changes with regards to EU Value Added Tax (VAT) are coming to businesses selling goods to consumers located in the EU. The changes will take effect on 1 July 2021 and it is important that you are fully aware of, and ready to deal with, these changes by that date.

Deferred VAT deadlines looming. Are you going to struggle to pay the VAT you deferred last year?
https://www.accountancyage.com/2021/06/08/deferred-vat-deadlines-looming/ #.YMB8SGiqqbI.twitter via

Deferred VAT deadlines looming - Accountancy Age Businesses that deferred VAT payments during the early stages of the pandemic which remain outstanding need to act by the end of June in order to avoid penalties – and by 21 June if they want to benefit from further deferral. The VAT deferral – a reminder To support businesses during the pandemi...

https://twitter.com/dafbrown/status/1400508116765188097?s=20

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