Companies House Filing Deadlines If you cannot file your company’s accounts on time due to COVID-19 then an application can be made to extend the period allowed for filing. If an extension is not requested before the filing date and you are late in filing then the normal penalty regime will apply. It is important […]
18
Mar
Mar
COVID-19 HMRC Support for Business HMRC has set in place a number of measures to support businesses and the self-employed concerned about the coronavirus (COVID-19) including phone helplines providing practical help and advice. HMRC have confirmed up to 2,000 experienced call handlers are available to support businesses and individuals when needed. I have set out […]
16
Mar
Mar
COVID-19 & Entitlement to Social Welfare Payments 1 People with no work or reduced hours If your employer decides to close their business for this period and send you home. This is known as a temporary lay-off. If your employer cannot pay for this period, you can apply for a special new COVID-19 Pandemic Unemployment Payment. This […]
16
Mar
Mar
To all our Clients and Partners I want to give you an update on how Dawn McLaughlin & Co is reacting to the COVID-19 pandemic. We have been monitoring the situation closely and reviewing our readiness to deal with any wider outbreak of the disease to ensure that this will not cause disruption to our team, […]
05
Mar
Mar
Derry Chamber meets with Finance Minister Conor Murphy Finance Minister Conor Murphy MLA visited the North West this afternoon to meet with members of the Londonderry Chamber of Commerce. A Chamber delegation, led by President Redmond McFadden, discussed a range of issues including the expansion of Magee, Medical School, Business Rates, City Deal, skills and […]
19
Feb
Feb
Tax changes on residential property disposals From 6 April 2020 there is a major change in the reporting and payment of Capital Gains Tax (CGT) on residential property disposals. From that date, you must report the disposal of the property within 30 days of completion of the disposal and pay CGT on account to HMRC. This […]
18
Feb
Feb
Who Are Your Innovation Champions? Innovation is key to building a resilient business. Fortunately, innovation doesn’t have to happen on a grand scale to make an impact in your business. How to Drive Innovation Driving innovation in any business begins with creating and encouraging an innovative and forward-thinking culture. This will allow your employees to bring […]
10
Jan
Jan
Claiming VAT refunds from EU Countries and the Brexit deadline. Act now before it’s too late. The current government position of the UK leaving the European Union on 31 January 2020 will impact business. You need to be aware of how it will impact your business. The latest guidance from HMRC advises that it will […]
06
Sep
Sep
Are you aware of the employment allowance changes? Most employers have been entitled to a deduction from their Class 1 NI bill currently worth £3,000 annually. Some businesses will lose their entitlement to the employment allowance (EA).There will also be general changes to the way that the EA works. Will your business be affected, and […]
04
Sep
Sep
Have you heard about the tax free reward for staff suggestions that will benefit your business? Rewarding staff for suggestions that bring benefit to your business can be done in a tax efficient manner. Yes, it’s a win-win for you and your staff with a maximum incentive of £5,000. Employee engagement In any business, the […]