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Welcome to the
George Hay Highlight

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Welcome to the July edition of the George Hay Highlight. Each month, we address some of the latest news stories and issues affecting our clients and the business world, more generally.

We hope you find the articles insightful and, should you wish to discuss anything you’ve read further, or if you want to find out more about the accounting and business advisory services we provide, then our team of friendly professionals are only a phone call away!

 
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Technical News

Take account of your year-end tax liabilities

If you complete a UK Self-Assessment tax return, you will have likely come across the term ‘payment on account’. Payments…


 

Why is HMRC cancelling my VAT direct debit?

If you’ve recently had a letter from HMRC about your VAT direct debit being cancelled, you should not disregard it.…


 

Directors responsible for keeping proper company records

A quick look through the Insolvency Service’s news and communications feed is enough to see that directors who fail to…


 

COVID-19 financial support – An update on the SEISS & CJRS

With the fifth and final round of SEISS grant funding expected to open by the end of the month, and…


 

Tales from the Probate box – Yet more delays…

George Hay Chartered Accountants were one of the first accountancy firms in the country to obtain a licence to carry…


 

Making Tax Digital for Income Tax is coming!

The next big step in the Government’s Making Tax Digital (MTD) initiative is rapidly approaching. From the 6 April 2023,…


 

Corporation Tax changes presents tax planning opportunities

From April 2023, the Corporation Tax rate will increase for…

 

GH Insights

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Autumn Business Conference – Scaling and future-proofing your business

Following a year of twists, turns and ‘pivots’, we are acutely aware of the fact that whilst the idea of…


 

Cloud Accounting: Creating a bank rule in Xero

Creating bank rules in Xero is all about saving time and ensuring you get maximum benefit from having bank feeds…


 
Hayley Johnson

Spotlight on… Hayley Johnson

Hayley, who is based at our Letchworth office, joined George Hay back in 2019 and is currently studying towards to…


 

Key dates for Coronavirus support schemes, tax and Companies House

With a multitude of different Government support schemes open to businesses and…

 

Download our George Hay Taxapp

Do you use the George Hay Taxapp? If not, the time to get to know your way around it is…


 

Come and see us at Sunday on the Square in Biggleswade

On Sunday 15th August 2021, George Hay will be joining other businesses from in and around Biggleswade town centre to…


 

Adapt, Rebuild & Recover Hub

If you are struggling to make sense of all the changes taking place due to Coronavirus and want to have…


 

Find George Hay Chartered Accountants on social media too…

Where do you go for the latest news and issues affecting you and your business, in between our monthly Highlights?…


 

Key Dates

31

Jul

Deadline for filing of accounts with Companies House for accounting periods ended 31 October 2020.

31

Jul

All mortgage and consumer credit holidays will end.

31

Jul

The second payment on account for the 2020/21 tax year is due.

01

Aug

Employers must start making a 20 per cent contribution to the wages of furloughed employees under the Coronavirus Job Retention Scheme, on top of the regular pension and NIC contributions.

02

Aug

Forms P46(Car) for the quarter ended 5 July (where benefits are not payrolled) to reach HMRC.

07

Aug

VAT returns and payments due for Accounting Quarter period ending 31 June.

16

Aug

Last day to make CJRS claims for July.

22

Aug

Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.

 

This month we blogged about...

Each month we blog about some of the biggest news stories affecting our clients.

This month’s topics included:

Blog icon Let Property Campaign: An opportunity for Airbnb hosts
Blog icon SEISS: HMRC auto-corrects 2020/21 tax returns
Blog icon Money badge introduced for cub scouts
Download our Spring Budget 2021 Probate FAQ
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George Hay is the trading style of George Hay Partnership LLP

Registered in England and Wales number OC373025. A full list of members can be viewed at our registered office: Registered Office: Brigham House, High Street, Biggleswade, Bedfordshire, SG18 0LD

Registered to carry on audit work in the UK, regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales

GH Online Accounting Limited is registered in England No 3829902. Registered Office: Brigham House, High Street, Biggleswade, Bedfordshire, SG18 0LD GH Online Accounting Limited a subsidiary of George Hay Partnership LLP

GH Probate is the trading style of GH Probate Limited. Registered in England and Wales number 9630102. Registered Office: St George’s House, George Street, Huntingdon, Cambridgeshire, PE29 3GH

Authorised to carry out the reserved legal activity of non-contentious probate in England and Wales by the Institute of Chartered Accountants in England & Wales

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