EasyBooks 2nd Deadline
National Insurance Contributions
EasyBooks Second Paperwork Deadline is Set
Friday, 5th November is not only Bonfire Night but also the 2nd EasyBooks deadline for bringing in your Year End 20/21 paperwork.
It is vital that we receive your paperwork before this date in order to complete your Year End on time.
After close of business at 5 pm on that day, there will be an additional 20% charge to your final invoice.
Can we also remind you that after this date has passed, we cannot guarantee that your tax return 20/21 will be completed on time.
The Coronavirus Job Retention Scheme will be ending on 30 September 2021.
Information from Gov.uk says
For claims relating to August and September 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.
Claims for September must be submitted by 14 October 2021 and any amendments must be made by 28 October 2021.
Find out more about how the scheme is changing.
While the rules of wearing face coverings are changing in various parts of the UK, here in Wales they must still be worn for most indoor public spaces.
Here at EasyBooks, all in-person meetings: –
- are by appointment only.
- will continue to follow the 2-meter rule
- will require a face mask/covering to be worn for the duration of that meeting.
If you wish to drop off or pick up any paperwork, please can you phone ahead to let us know what day you wish to drop off/pick up and a rough guide of the time. There will be a box in the foyer for you to leave your paperwork in and we will leave any paperwork you are picking up in that same box.
Thank you so much to all our clients who have adhered to the strict guidelines we’ve had to follow in the office over the last year and a half. We really do value and appreciate your support.
National Insurance Contributions to Rise
The National Insurance (NI) contributions rate will change for one year from 6th April 2022.
The increase will rise by 1.25% and we are informed that this will be spent on the NHS and Social Care across the UK.
The increase in National Insurance contributions will apply to:
Class 1 – paid by the employees
Class 4 – paid by the self-employed
Secondary Class 1, 1A and 1B – paid by the employers
Your employment status and earnings will determine which class you pay. Employers will only need pay on earnings above the Secondary Threshold.
Those of working age and lower earnings that fall under the National Insurance Primary threshold or Lower Profits Limit will pay nothing.
Those of State Pension age will also not be affected.
You can read the press release here: NI Increase Press Release
For this year’s Rates and Thresholds please click the link here: Gov.UK
Calvin started with EasyBooks as an apprentice and whilst working full-time with day release, he has now become a qualified Accounts Technician.
The EasyBooks team are very proud of all his hard work and effort over the years to achieve a well-earned qualification. Well done to him.
- Posted by EasyBooks
- On 30th September 2021
- 0 Comments