How the Self-Employed Income Support Scheme (SEISS) will affect 20/21 tax returns

The Furlough scheme allowed many self-employed installers financially affected by the Coronavirus pandemic to apply for grants through the Self Employed Income Support Scheme (SEISS), and allowed limited companies to apply for coronavirus loans. Following the Spring Budget announcement, these Covid grants have been extended, which means 21/22 tax returns could also include Covid Grant […]

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IR35 and self-employment – What installers need to know

John Thompson, CEO of the Association of Plumbing & Heating Contractors (APHC) discusses what IR35 means for plumbing and heating contractors: In a recent court case it was ruled that Uber drivers are indeed workers, and not independent contractors as argued by Uber under IR35. So what is IR35, exactly, and why is it important […]

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Worst excuses for late Self Assessments revealed

With the  2018/19 Self Assessment deadline looming, HMRC has issued its list of the top unreasonable excuses it has received from taxpayers trying to avoid a late filing penalty over the previous ten years. However, for those worried their own tax return won’t make it to HMRC on time, tax preparation specialist David Redfern, Managing […]

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What impact will the HMRC's CEST (Check Employment Status for Tax) tool have on the heating and plumbing industry?

HMRC has recently introduced a new online employment status indicator tool for plumbing and other construction companies who engage, and make payments to, sub-contractors on a self-employed basis. Firms across the country have received letters signposting them to check the employment status of sub-contractors using its CEST (Check Employment Status for Tax) tool. CEST claims […]

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Are Gas Safe Registration fees tax deductible?

Gas Safe Registration fees ARE tax deductible for self-employed heating engineers, the HMRC has confirmed. The question had been a hot topic on social media this week, after confusion surrounding whether the Gas Safe Register was an “approved body”. According to the HMRC, you can reclaim tax you pay on fees or subscriptions to some approved professional […]

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