In its latest Business Support Update, Streets Chartered Accountants dives into customs declarations on imports from the EU, the reintroduction of the Coronavirus Statutory Sick Pay Rebate Scheme, Self Assessment Tax Returns, and more.
HMRC has warned businesses that Customs Declarations on imports from the EU will change once again at the start of 2022. From the 1st January 2022, businesses will no longer be able to delay making import customs declarations under the Staged Customs Control rules that have applied during 2021. Most businesses will have to make declarations and pay relevant tariffs at the point of import.
Streets ranked in the Top 10 in Business Weekly’s New Year Honours
In Business Weekly, Streets has been acclaimed and recognised as one of the region’s leading financial advisory firms: “Streets has had a fabulously successful 12 months and expanded its area of expertise in the region through shrewd acquisition and sound planning.”
Coronavirus Statutory Sick Pay Rebate Scheme reintroduced for small businesses
The Government has stated that the Statutory Sick Pay (SSP) Rebate Scheme will be reintroduced allowing for businesses with fewer than 250 employees, who had a PAYE payroll scheme open on or before 28 February 2020, to recover money from the government to pay statutory sick pay to employees affected by Covid-19. Although claims were to be made before 31 December 2021, the scheme is being re-introduced in mid-January 2022.
Podcast – Self-Assessment Tax Returns with Kelly Goodchild
In this session, Streets Tax Manager Kelly Goodchild explores how the impact of the pandemic and the financial measures introduced by the Government to support individuals and businesses could affect your Self Assessment Tax Return due to be completed by 31 January 2022. The deadline looms.
Peace of mind in 2022 – we are concerned that you are not currently protected
With the self-assessment deadline for filing returns and making payments looming, tax matters are probably very much on the minds of many. Perhaps less so is the potential impact that a tax enquiry or investigation might have on us as an individual or on our business. Whilst we all want to ensure our affairs are in the best order, there is a real risk that the Revenue can instigate an investigation or enquiry.
Well-deserved New Year’s honour for Streets client Paul Holt
Services to International Trade, education and the UK’s PPE Supply Chain earn a well-deserved New Year’s Honour for Streets client Paul Holt, Managing Director of 3D printing specialists Photocentric. Paul has been recognised by the Queen with the award of an MBE for his contribution to international trade as well as his commitment to education.
