Making Tax Digital for VAT From 1st April 2021 

Phase 2 of the MTD for VAT goes live from 1 April 2021. From this date, over one million UK VAT registered businesses will face new Making Tax Digital obli…

MNA Winter 2021 Newsletter now available

Take a look at our latest newsletter here or go to our Useful Information page/downloads.....

Newsletter articles:


  •  New Year, new strategy
  • More time to pay tax due on 31/01/21
  • New Year resolutions t…

Further National Restrictions January 2021

As you will be aware further national restrictions were announced on Monday night which come into force of law today.  Given the spiralling cases nationwide we hope all our clients are staying safe and we…

Government Backed Loans and Furlough Scheme Extended

Further extensions were announced 17 December 2020 to the government backed loans and the furlough scheme.

Bounce back loan and CBILs (Coronavirus Business Interruption loan for larger businesses) were e…

3rd Self Employed Income Support Grant

The third self-employed grant will be available to claim from 30 November 2020 until 29 January 2021, and must be claimed via the portal as before. It will be at 80% of average profits, with the same elig…

Staff Christmas Parties and Bonuses

£150 Exemption extended to Online Parties

The £150 per head exemption for staff Christmas parties has been extended to include virtual parties. This is a useful change with most employers looking to hold…

Brexit Transitional Period Ending

The Brexit Transition Period is ending on 1st January 2021 unless there is some further late extension. 

We strongly recommend you visit the government page https://www.gov.uk/transition and follow throu…

Winter Economy Plan Update

Changes Include:

  • Furlough extended to 31 March 2021
  • SEISS uplifted to 80% for 3rd Claim
  • Rates based grants for business forced to close
  • Job Support Scheme & Job Retention Bonus Shelved

This w…

MNA Autumn Newsletter now available

Take a look at the latest news in our MNA Autumn Newsletter

° Get Ready for Leaving the EU

° Overclaimed CJRS Furlough grants

° MTD for VAT to be extended

° Some Property Business owners liable t…

Further National Restrictions and Business Support announced 31 October 2020

Click on the video below to watch our latest update, or see our updated COVID-19 webpages



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