Covid19 Update : Commentary on 3rd SEISS Claim

We have attached a commentary on the 3rd SEISS claim to help you decide if you should claim. We hope this helps. The claim window opens Monday.

Council Grants

The Council arbitrary grants opened last week – York’s can be found at

Application Form: https://www.york.gov.uk/xfp/form/263

Information: https://www.york.gov.uk/COVID19BusinessGrants     https://www.york.gov.uk/AdditionalRestrictionsGrant

Bounce Back Loan Scheme (BBLS) 

A reminder that the BBLS closes on 31 January 2021, so if you are eligible and have not yet applied, or have scope to extend your original loan, please take urgent action.

Deferral of tax and payment by instalments 

Many people deferred the second instalment of 2019/20 tax which was originally due on 31 July 2020 with deferral to 31 January 2021. HMRC have now announced that you can further delay payment by arranging instalments for any self-assessment tax falling due on 31 January 2021.

If your tax debt is below £30,000 and you have no existing Time To Pay arrangements in place you can apply online using your Government Gateway login. For debts over £30,000 or if you have existing payment arrangements you have to call HMRC on 0300 200 0822 to request instalment payments.

Just worth mentioning that we are seeing quite a few clients having difficulties obtaining mortgages with outstanding tax liabilities so maybe speak to your adviser if you are thinking of re-mortgaging / using time to pay.

Covid19 Update 3rd SEISSDownload

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Changes to Probate in 2019

From April 2019, some estates in England and Wales could be required to pay almost £6,000 for a service that currently costs less than 4% of that amount.

This is because of a proposed change to the fees families must pay to administer the estate of someone who has died. (more…)

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The Marriage Allowance Explained

Millions of married couples and civil partners in the UK are eligible for the marriage allowance, but take-up has remained subdued since the tax break came into force on 6 April 2015.

Almost half of the UK’s eligible couples failed to claim their slice of £1.3 billion in marriage allowance cash in 2016/17, with many couples either unaware of the tax break or forgetting to claim it. (more…)

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