Agent Update 86 has been published

  Welcome to today’s blog promoting the publication of Agent Update: issue 86. In the Technical Updates and Reminders section we continue to bring you important COVID-19 updates, including the Coronavirus Job Retention Scheme.  Other topics included are VAT reverse charge, Online print and post for VAT registrations, and Corporate Interest Restriction. Some of the highlights in the HMRC Agent Services section include Agent talking Points, Agent Services and Introducing “pay by bank account”. We hope you find this edition informative and don’t forget the next Agent Update is scheduled for August 2021. Did you know that you can receive…

When and how to file your annual accounts with Companies House

Every year a company must file accounts. Company accounts are documents prepared at the end of a financial year which show how a company has performed over the accounting period. No matter whether you have been successful, breaking even, not trading, or dormant you still need to file accounts with both HMRC and Companies House. This blog post relates to the accounts you must be file with us at Companies House. For any enquiries regarding HMRC accounts or tax related matters, you’ll need to contact HMRC directly. What accounts you need to file A set of accounts will usually consist…

The Enhance Social Enterprise (ESE) Programme – Stimulating the economy of the South West

What was the Enhance Social Enterprise Programme? The Enhance Social Enterprise (ESE) Programme was a £1.7million EU-funded business support programme that offered advice to new and established social enterprises in the Heart of the South West (HotSW) LEP area of Somerset, Devon, Torbay and Plymouth between 2017 and 2020. Devon County Council was the accountable body. The programme aims were:  increase the number of social enterprises in the region help existing social enterprises develop and grow support organisations transitioning to a social enterprise model advise budding social entrepreneurs  develop the ecosystem for social enterprise support by investing in the social…

Extended Loss Carry Back for Business – Claims information for Companies

The Extended Loss Carry Back measure announced at Budget enables companies to make claims to carry back losses for a further two years than current rules allow. This temporary extension applies for losses arising in accounting periods ending between 1 April 2020 and 31 March 2022. Claims Process Claims that exceed a de minimis of £200,000 must be made in a company tax return. Box 45 (claim or relief affecting an earlier period) on the CT600 should be completed and details of the carry back claims included in the computations that accompany the CT600 and accounts. There is no need…

Using the 'Find and update company information' service

The Find and update company information service is your portal for finding information and uploading certain information to the Companies House register. If you want to find information about a limited company, the register is available for anyone to use free of charge and it’s usually available 24 hours a day. Search and access information Let’s first look at the information that you can access and how to search using the online service. Sitting at the top of our homepage is the ‘Find company information’ link, which is pretty much self-explanatory. By selecting this link, you’ll be able to search…