Deadline for 2020/21 Self Assessment…

Posted on 19th Oct 2021

HMRC has reminded Self Assessment taxpayers that the deadlines for filing 2020/21 tax returns are now approaching. The deadline for 2020/21 tax returns is 31 October 2021 for those completed on paper forms and 31 January 2022 for online returns. HMRC has already seen thousands...[more]

Autumn Budget: What you need to…

Posted on 18th Oct 2021

This year's Autumn Budget will be delivered on 27 October alongside the Spending Review. Here at Simmons Gainsford we will keep you updated with all the key announcements, which are likely to include tax changes. This will be the Chancellor Rishi Sunak's third Budget after...[more]

We are sponsoring the Sovereign Art…

Posted on 15th Oct 2021

We are delighted to be sponsoring the Sovereign Art Foundation Students Prize in Gibraltar this year - an award that celebrates the talent and quality of artworks of 11-18-year-old students in Gibraltar, whilst highlighting the importance of art in the education system and rewarding the...[more]

A new horizon for Simmons Gainsford

Posted on 1st Oct 2021

Following the successful adoption of remote working during lockdown and an entire rethink of our requirements, we are delighted to announce that we have completed the move to our new office on the 14th floor of 33 Cavendish Square. We remain situated in close proximity...[more]

Please Welcome - August and September

Posted on 2nd Sep 2021

We are delighted to welcome a number of new additions to our growing team throughout August and September. Find out more about a bit more about our new team members below! Anisha Chawla We are delighted to welcome Anisha who has joined our team in...[more]

Payment deadline approaching for deferred VAT

Posted on 3rd Jun 2021

Businesses that deferred VAT payments last year have until 21 June 2021 to join online and pay in monthly instalments under the VAT deferral new payment scheme. Jim Harra, HMRC's Chief Executive, has said: "Businesses that deferred paying their VAT last spring have until 21...[more]

Welcome news for Property Investors

Posted on 26th May 2021

The Spring Budget announced the introduction of the enhanced rate of capital allowances, known as the Super Deduction and Special Rate Deduction, which entitles companies spending money on Plant and Machinery after 1 April 2021 an enhanced tax deduction. However, the first draft of the...[more]

Managing your mental health

Posted on 10th May 2021

To mark Mental Health Awareness Week which takes place 10-16 May, we have put together some tips on working from home, increasing your productivity levels and generally protecting your mental wellbeing during challenging times. We all have physical and mental health and they can both...[more]

Time to Pay: Could this impact…

Posted on 6th May 2021

Many businesses will have entered into a Time to Pay Arrangement for their corporation tax as a result of the pandemic. At some point though, historic tax payments will overlap with new taxation liabilities. This may create further cashflow pressure, particularly at a time when...[more]

IR35: Changes to the Off-Payroll Rules

Posted on 6th Apr 2021

Changes to the rules relating to off-payroll workers (commonly known as IR35) have now come into effect. Applying to off-payroll workers who provide personal services to clients in the private sector through an ‘intermediary’, the changes revolve around tax and employment status, and who makes...[more]

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