HMRC updated the ‘exclusions’ list when making furlough claims on 22 January!  Below are the guidelines and exclusions ⤵️ bit.ly/3iPqRwB #covid19 #covidscams #covid19scams #accounts #accountant #deadline #accountancy #tax #businessaccountant #leicester #leicestershire

🔷 Advisory support 🔷  Sence successfully take on independent financial director roles within client businesses, delivering: 🔹 Strategies 🔹 Unbiased and impartial advice 🔹 Support and guidance Contact our team ➡️ bit.ly/2ITwFrt #businesssupport #advisorysupport

Our business planning & mentoring service helps clients ⬇️ 🔹 Reduce taxable income 🔹 Lower rates at which tax can be paid 🔹 Have greater control of when taxes get paid 🔹 Maximise tax reliefs/credits available Looking for advice? ➡️ 01530 447 999 #taxplanning #mentoring

We are looking at some key areas of the VAT rule changes for the construction industry, coming on 1 March 2021. Part 2️⃣ ⚡ Recap of Part One  📝 What do you need to do?  💼 How does this affect me? 👟 Next steps ➡️ bit.ly/3jzbSr4 #vat #VatReverseCharge

Happy Valentine's Day! We love our clients and think of ourselves as more than just accountants by providing: 💙  Regular contact 💙  Support and advice 💙  Effective tax planning  ... keeping you in control of your business ➡️  bit.ly/2OtkzYE #valentinesday

🥞 Happy Pancake Day 🥞   Remember, if you're flipping out about your accounts, we offer tax planning to keep your business on track! Contact us today for advice and support ➡️ bit.ly/2ITwFrt #pancakeday #accounts #accountant

6️⃣ areas of the VAT rule changes for the construction industry, coming on 1 March. Part 3️⃣ 🏘️ New build housing 🏗️ Scaffolding 🚜 Hire of plant & machinery 🏚️ Subcontractors 🧱 Builders merchant 👩‍⚖️ Local authorities 👟 Next steps ➡️  bit.ly/2Zl1oCk #vat

The government are on track to deliver the budget on 3 March. It has been suggested that the personal allowance and the basic rate band are set to increase. NLW is also expected to increase and extending to over-23s, not just Over-25s. ➡️ bbc.in/3kih8jh #thebudget

🔹 VAT deferral new payment scheme🔹 For those who deferred VAT payments due between 20 March - 30 June 2020, time is running out to sort what comes next. 1️⃣ option is to: ➡️  Join the VAT deferral new payment scheme which opens today! ➡️  bit.ly/3pG2IdR #vatdeferral

Boris Johnson has outlined plans to ease lockdown 🙌 🔹 Non-essential shops and leisure venues could reopen from April 12 – but this could still be an anxious time for many. Next week's Budget will reveal any financial support for businesses. ➡️ bbc.in/3pHf9WZ

🗓️ 6 April IR35 Sector rule changes🚨 Which clients are affected? ➡️  Public sector ➡️  Medium/large-sized private sector If providing services to these, they will assess you under the new employment status even if you're a Limited Co. Need help? ➡️ bit.ly/2ITwFrt

🔹 VAT reverse charge rules coming in on 1 March 2021🔹  🚨 Warning – this will apply to those who qualify for gross status under the CIS taxes. Having gross status does not exempt you from this rule change, so be aware! Need any help? ➡️ bit.ly/2ITwFrt #vat #hmrc

🔹 THE BUDGET 2021 SUMMARY🔹 🔹 Furlough scheme extended 🔹 Support for self-employed extended 🔹 Re-start grant announced 🔹 Business rate holiday extended 🔹 Reduced rate of VAT extended for some sectors Need help? ➡️ bit.ly/2ITwFrt #thebudget #RishiSunak

** 2021 BUDGET - the headlines! ** Get a summary of the 2021 Budget in our latest blog - bit.ly/30ivmr6 Still have questions get in touch with the team at Sence [email protected] or 01530 447999 #budget2021 #tax #accountancy #leicestershire

🔹 VAT deferral new payment scheme For those who deferred VAT payments due between 20 March - 30 June 2020, time is running out to sort what comes next. 1️⃣ option is to: ➡️  Join the VAT deferral new payment scheme which opened 23 Feb ➡️  bit.ly/3pG2IdR #vatdeferral

🔹 Self Assessment payment penalty🔹 HMRC announced that Self Assessment customers will not be charged the initial 5% late payment penalty, and will avoid it if they pay their tax or make a Time to Pay arrangement by 1‌‌ April. Contact HMRC for support 📲 0300‌‌ 200‌‌ 3822

••• SME Brexit Support Fund open for applications ••• The UK Government made £20m available through the Brexit support fund. There are two types of grants available for SME businesses. For more information about the scheme and criteria - bit.ly/38PphY4

££ REMINDER ££ The end of the payroll year is coming!  Is Payroll taking too much time in your business? Why not let our experienced Payroll team manage it for you! Get in touch 01530 447999 or info@Sence Accounting

✳️ REMINDER ✳️  The end of the tax year is looming large, there is still a bit of time to look at your tax position.  Get in touch with our experienced team with your questions. 📞 01530 447999

Business planning is key for everyone, from sole traders to limited companies, the pandemic has resulted in more businesses are having to revisit their business plans.  At Sence, we can provide expert business finance mentoring and support as a one-off or part of a package.