ABM Accountant News


Coronavirus Update Self Employed

This is our Coronavirus Update Self Employed as of – 16 April 2020 Coronavirus – Self-employed scheme HMRC now anticipate contacting all self-employed by mid-May and hope to make payments in early June. Payment will be calculated by averaging the monthly taxable profits based upon the three tax years ending […]


ABM Accountant Reading – employers grant

At ABM Accountant Reading many client’s are asking us information about the employers grant. Additionally, how do I furlough staff ? A question clients ask us on a daily basis. This is the latest update as of 7th April 2020 Employers Grant – Job Retention Scheme Basically all employers will […]


Help for self employed Coronavirus

The Chancellor has today, Thursday 26th March 2020, announced the help that the Government intends to give financial support to the self-employed. Support for the self employed The support will be in the form of 80% of the average monthly net earnings (taxable profits) based on the last three years […]


Covid - 19 Small Business Advice

Covid – 19 Small Business Advice

Covid – 19 Small Business Advice – Help Covid – 19 Small Business Advice has been announced by the Government. Theyhave announced various schemes for assisting businesses who are facing financial difficulties due to the current pandemic. In a bid to be helpful, we have summarised the information current as […]


HMRC Email Reminders, Mike Brooks, Accountant in Reading, Accountant in Sherston. ABM Accountant

HMRC Email Reminders

HMRC Email Reminders Have you set your account up at HMRC to receive Email Reminders?  A recently updated article originally published by HMRC in 2014 stated that “Companies who have switched to email reminders from paper are more likely to file their accounts and confirmation statement (annual return) on time.” […]


Changes to National Minimum Wage

Are you an employer? Do you employ people on minimum wage? Changes to National Minimum Wages Please note that as from 1 October 2015 the National Minimum wage rates will be as follows:- Employees over 21 years old        £6.70 Employees 18 – 20 years 0ld        £5.30 Employees 1-17 years old             […]


Warning to ALL Employers

Small businesses, with less than 50 employees, have so far been granted exemption from the relatively new HMRC penalty regime for late filing of their monthly payroll RTI (real time information) returns. However, the penalties that have been in force for larger businesses since last September are due to be […]


Genuine or Bogus Email from HMRC?

The HMRC have issued an excellent guidance document to help you recognise whether the email you have received, which may well state it is from the HMRC, is actually genuine or not. The content of the guidance includes:- 1. Current list of digital and other contact issued from HMRC 2. […]