Self-Assessments: filing deadline extended, but late payment fine remains

In response to the disruption caused by the Covid 19 pandemic, HMRC have extended the filing deadline for online self-assessment tax returns.

If you’re not able to file by 31st January, you have another month to get your return submitted.

Late filing penalties won’t be applied until after 28th February 2022. However, HMRC are still expecting payment, even without a filed return. You’ll be charged late payment interest if you don’t pay your tax bill in full by 31st January.

How small firms should respond to the Chancellor’s new budget

Last week, the Chancellor delivered one of the most significant budgets in recent memory. Before the budget was released, the Government were keen to stress that some tax rises would be needed to help pay for the coronavirus response.

Many small firms will avoid one of the biggest tax hikes, but how should self-employed people, limited company directors and other small business owners be looking to respond to the budget? We’ll look at the most important changes and how they could affect your business below.

It’s business as usual at CloudAccountant.co.uk

The new lockdown means that the team are working remotely but rest assured this won’t have an adverse impact on service levels. We’re confident we can maintain the level of service and customer care we pride ourselves in along with the capacity to support our accountancy clients.

Welcoming our new Client Engagement Manager Ellie, to the Cloud team!

“I am delighted to join CloudAccountant.co.uk and be part of the rapidly expanding team.
I’m really excited about being able to focus on our customers and ensure you are provided with the support and exceptional service CloudAccountant are so proud to offer. Even though we are an online service we’re real people, and I’ll be at the end of the phone for a chat and to listen to your business needs whenever you need me. My primary objective will be making your life easier!

I want to really focus on our clients’ experiences, listen to your feedback and be the first point of contact and support for you. I will always ensure your query gets directed to our experienced accountants who have the specialist skills to assist you, allowing you to focus your time and effort on growing your business.
I’ll be in touch with everyone soon to say hello and learn more about you and your business, However, if you have any urgent feedback or need help with any aspect of our service, please don’t hesitate to get in touch! I look forward to speaking with you soon”. Email ellie.preston@cloudaccountant.co.uk or call 07775 603799 / 01625 544 675

Business Continuity Update from Customer Service - COVID-19

CloudAccountant.co.uk have of course been putting together comprehensive plans to ensure that we are fully prepared for whatever the next few months brings. The planning has considered all key parts of our business.

£700 million available for businesses most affected by Covid19

The Government has awarded a further £700 million worth of support to local authorities.

The money will be given as grants to businesses in the hospitality, leisure and accommodation industries who have continued to struggle with the impact of the pandemic.

Along with our regular in-house software training sessions and technical updates, the main focus of our training plans at the beginning of this year is understanding how post-Brexit Trade impacts on our clients.

Lockdown 3: What Support is Available for Businesses?

Following the latest announcements from Boris Johnson and Nicola Sturgeon, England and Scotland have now joined Wales in new national lockdowns.

The new restrictions mean that people should only leave home for an essential purpose, such as to buy food or medicine. This means that, along with schools, large swathes of businesses now need to close their doors.

While some shops and hospitality businesses will still be able to offer click and collect and takeaway services, they are likely to see a dip in sales. Many other businesses may also see their revenue fall as demand dries up, similar to the first lockdown in March 2020.

To help support businesses through his latest period of uncertainty, the Chancellor Rishi Sunak has announced some additional funding alongside some older schemes that are still open to businesses.

We’re still at home – and still working for you!! But from Monday most of the team will be back in our offices, observing the rules, and looking forward to picking up where we left off before we rudely interrupted by a pandemic, with our first class, friendly accountancy service!!

FreeAgent have launched their new and improved Partner Programme and CloudAccountant.co.uk have been awarded FreeAgent Platinum Partner status. FreeAgent wanted to develop a partner programme that meets the expectations of increasingly successful partners like CloudAccountant, with a more rewarding and achievable programme. What's new? FreeAgent have updated their programme tiers from Friendly, Partner and Premium Partner to Partner, Bronze, Silver, Gold, and Platinum. The new FreeAgent Partner Programme is

FreeAgent have launched their new and improved Partner Programme and CloudAccountant.co.uk have been awarded FreeAgent Platinum Partner status.
FreeAgent wanted to develop a partner programme that meets the expectations of increasingly successful partners like CloudAccountant, with a more rewarding and achievable programme.

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