Headlines

EasyBooks No 1 Deadline

The Deadline is closer that your think

Support for Welsh Businesses

Economic resilience Fund (ERF)

NI Contributions and Veterans

Relief on the earnings of qualifying veterans

Do You Need to Collect Any Paperwork?

Our storage cupboard is still quite full of our client’s past paperwork. If you think we have your lurking in the cupboard gathering dust, please get in touch to make arrangements to come and collect it.

Remember, call first to make an appointment. No nipping in or popping over unannounced yet I am afraid. The social distancing rules still apply in Wales.

If you have been contacted to collect your paperwork, please can you acknowledge our request and give us a call to pick up your paperwork. Thank you in advance.

The EasyBooks Year End Deadline

The EasyBooks Team are now ready and waiting to receive your 20/21 paperwork.

Paperwork brought to us before the first deadline will mean your tax return will be filed on time. This year the EasyBooks deadline is set for: –

Friday, 30th July 2021 before close of business at 5 pm.

We will require all your relevant paperwork to be with us before this date. Contact the office soon to book in a time slot to drop off your items.

Any client dropping off their paperwork after this time and date, will be given a 5% additional charge to their final invoice.

Please Note:

• Your accounts manager will be in touch if necessary, regarding missing paperwork, please acknowledge them with a response as soon as possible.
• Chasing for paperwork may lead to a pause in your self-assessment being processed and being completed on time.
• We are not obligated to remind clients individually to bring in their self-assessment paperwork.

Thank you in advance.

EasyBooks Paperwork Checklist 

If you need a reminder of what paperwork and documents, we may need to file your Year End,

please check out our March newsletter via our website

For added convenience, why not message us on our text service to let us know

what date and time is best for you to drop off or pick up any paperwork.

Send an SMS message to: – 07484 096 449

Support for Welsh Businesses

The Welsh Government has announced good news for businesses in Wales.

If a business is still affected by coronavirus restrictions as they begin to plan and open for business this May, they will be able to receive help and support to meet ongoing costs. The support package, Economic Resilience Fund (ERF) may offer any amount from between £2,500 or up to £25,000 and will be available through to the end of June.

The amount will depend on each businesses’ circumstances, size of the business and the type of restrictions they must adhere to.

Businesses that stand to benefit include:

• nightclubs and late entertainment venues
• events and conference venues not covered by the Welsh Government’s Cultural Recovery Fund (CRF)hospitality and leisure businesses, including restaurants, pubs, and cafes.
• supply chain business, which have been materially impacted by restrictions.

Applications are now open and will close 5pm, Monday, 7th June. An eligibility checker is open on the Business Wales Website.

Click here if you think your business could receive this support package.

Eligibility Checker                                                                                     

Businesswales.gov.wales

National Insurance Contributions and Veterans

The Government has set up a relief scheme for those who employ veterans, which became available from 6th April 2021.

The relief is available to all employers of veterans regardless of when the veteran left the regular armed forces, providing they have not previously been employed in a civilian capacity.

The scheme states:

Employers will only be able to claim National Insurance contributions relief on the earnings of qualifying veterans.

A person qualifies as a veteran: –

• if they have served at least one day in the regular armed forces.

This includes anyone who has completed at least one day of basic training.

The relief is only available for 12 consecutive months from the veteran’s first day of civilian employment. The zero-rate can be applied up to the upper secondary threshold.

This relief is available from April 2021.

• From April 2021 to March 2022, employers will need to pay the associated secondary Class 1 National Insurance contributions as normal and then claim it back retrospectively from April 2022 onwards.

From April 2022 onwards, HMRC will put measures in place to enable employers to apply for the relief through PAYE.

For more information click on the links below.

Gov.UK NI Contributions and Veterans

Zero–rate of secondary Class 1 contributions for armed forces veterans