by David Jones | Feb 25, 2021 | Corona Virus, Opinion, Self Assessment
Self-employed small businessmen and women who are desperate for financial support, have been left hanging, as Chancellor Rishi Sunak has decided to delay payment of the next self-employed income support (SEISS) grant until after the Budget on 3rd March. This bombshell...
by David Jones | Feb 18, 2021 | Business Tax, Self Assessment
It goes without saying that filing your tax return on or before the 31st January (or 28th February for 2021) deadline date, is important, and you should expect to be penalised by HMRC if you fail to meet this deadline. The only ‘get out of jail card’ is if you have a...
by David Jones | Feb 11, 2021 | Accounts, Business Tax, Self Assessment, VAT
Now that Tax Return season is coming to an end, I’ve turned my attention to my growing inbox of questions. It has been a while since I’ve written a blog of this type, largely because of the impact of the Coronavirus, the plethora of mini-budgets and the suspension of...
by David Jones | Feb 4, 2021 | Business Tax, VAT
In recent weeks I’ve had a steady trickle of queries about shipping goods to the EU or receiving goods from the EU, largely because there is very little HMRC guidance. So today I will try to plug some of the gaps left by this distinct lack of government help, with...
by David Jones | Jan 28, 2021 | Corona Virus, Self Assessment
In my Blog on 1st January this year (Waive Late Filing Penalties) I reported that despite a united approach by all of the accountancy bodies; HMRC boss Jim Harra effectively stuck up two fingers to our request that HMRC allow an extension to this year’s January 31st...
by David Jones | Jan 21, 2021 | Corona Virus, Personal Finance, Self Assessment
With Boris and his happy band of followers urging as many of us as possible to work from home to; I’ve had an increasing level of enquiries recently, as to what exactly you can claim for if you work from home. There is clearly much confusion about what expenses you...
by David Jones | Jan 14, 2021 | Business Tax, Corona Virus, Opinion
The truly dreadful year of 2020 is behind us, so what will we face in 2021? For a start, there is Brexit, at least two Budgets, and new VAT rules on top of all the usual tax issues. In 2020 planning was pretty much pointless, as almost every week there was yet another...
by David Jones | Jan 7, 2021 | Corona Virus, Payroll Services
Just when I was starting to think that my series of Blogs on Coronavirus business updates had run its course, lo and behold it appears that we’re almost back to square one. Chancellor Rishi Sunak announced on Tuesday a one-off grant worth up to £9,000 for businesses...
by David Jones | Jan 1, 2021 | Accounts, Business Tax, Corona Virus, Self Assessment
In early December, all of the leading accountancy bodies the ACCA, CIOT, AAT, ICAEW and ICAS, put a joint submission to HMRC, asking them to ease the self-assessment deadline due to the Covid-19 workload pressures that all accountants are under. Responding to the...
by David Jones | Dec 17, 2020 | Business Tax, Corona Virus
HMRC is to publish a list of businesses who are continuing to claim for furloughed employees in an attempt to reduce fraud. Employers will face the dilemma of whether to furlough employees or risk-averse publicity as new measures to name recipients come into force....
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David