Author: Mohammed Zahed

How to ClaimThe online service to claim is not available yet. We expect it to be available by the end of April 2020. You can only submit one claim at least every 3 weeks, which is the minimum length an employee can be furloughed for. Claims can be backdated until […]
The SEISS is to support self employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19 It will provide a grant to self employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per mont HMRC will use the average profits from […]
Business rates holiday for retail, hospitality and leisure 12 month business rates free period for all occupied retail, hospitality, leisure and nursery/childcare provider businesses.  VAT DeferralNext quarter of VAT payment has been deferred – no business will pay VAT until end of June 2020 and will have until the end […]
The government has announced that there will be 100% relief awarded for nurseries providing childcare. Further details on this will be available when the qualifying conditions have been confirmed. What is Nursery Discount? In March 2020 the Government announced it would provide Nursery Relief for nurseries which have been directly impacted by […]
Eligible businesses do not need to apply for these grants; the money will be paid automatically based upon the data Birmingham City Council hold about you. Grants totalling more than £231 million will begin to be paid to eligible businesses in Birmingham, as part of the Government’s COVID-19 support package. For those businesses who […]
Covid19 – Business Update Hisbah LLP Chartered Accountants 7 Greenfield Crescent Edgbaston B15 3BE In light of the impact COVID-19 is having on the economy, Birmingham City Council would like to ensure our businesses and employees are fully aware of all of the financial support which is being made available […]
The Chancellor announced a VAT payments deferral on 20 March to support businesses with cash flow during the COVID-19 pandemic. This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 3‌0‌‌ June. You therefore have until 3‌1‌‌ March […]
16,000 landlords admit to underpaying tax as HMRC cracks down on buy-to-let Tax office recoups £42m from property investors in 2018-19 Thousands of landlords have admitted to underpaying tax on their rental income, an increase of 145% compared with the previous year. In 2018-19, more than 16,000 landlords voluntarily told […]
The taxpayer was defeated over a penalty due for late registration but was aided by the application of HMRC’s secret ‘liable no longer liable’ concession. The FTT case of Stanley Chmiel (TC07112) was a routine win for HMRC. His company Kudos Building and Electrical Services Ltd was late registering for […]
The owner of a Surrey restaurant who used stolen VAT money to pay her children’s school fees has been jailed. Huey Jun Khoo, along with her business partner Jing Fu, used an off-the-record card machine at the Bon East Chinese restaurant in Farnham to pocket £180,000 in VAT over four […]