Level 4 AAT Apprentice

We are delighted to announce that on Tuesday 4th May a new Level 4 AAT Apprentice joined our team!

Having successfully completed her Level 3 AAT exams Laura was made redundant by her previous employer who are going through a re-structuring plan following the impact of the Pandemic on their industry.

A local recruitment agency (Linda Taylors) made contact and introduced us to the talented and impressive Laura McMillan.  They thought she would be a good placement for us and they were entirely correct.  (http://lindataylors.co.uk/)



Laura has been excelling in her studies and training since her GCSE days at Westhoughton High School followed by attendance at Bolton Sixth Form College where her A Level results in Economics and Accounting were excellent.

She launched into a BA (Hons) in Economics and Finance at the University of Manchester but decided at the end of her first year that she would rather continue her learning via an apprenticeship; and so with courage and confidence she ventured into this alternative learning pathway.

Her success in her studies continued with the provider Kaplan Financial Manchester where her results in the AAT Advanced Diploma in Accounting were outstanding as well as the reference they provided for her.


Having survived a first interview with two of our staff (Diane and Andrea) and then a second interview with Charles and myself – we unanimously agreed that we wanted to offer Laura a Level 4 AAT Apprenticeship and we are delighted when she accepted our offer.

We have just agreed with Bolton College that Laura can join their Level 4 AAT Accountancy cohort this month and participate in the Taxation Module and then, in the new term starting in September, join the new cohort of students for the Professional Accounting Technician Level 4 Apprenticeship Course.

The College have been so helpful in getting Laura enrolled and working with us in setting up the Apprenticeship scheme with us.  (https://www.boltoncollege.ac.uk/apprenticeships/)

As Laura transitions from industry to General Practice we will be giving her all the support she needs.  She will be in College one day per week with the rest of her time in the office or from time to time working remotely.

Thank you to Linda Taylor’s for the introduction and to Bolton College for all their help in setting up Laura’s Apprenticeship program.

Welcome to the team Laura.  We wish you great success.

(Photo credit: courtesy of Laura McMillan)

Our co-branded video with Xero Accounting Software

We have working with Xero’s superb Digital Team to create our own Xero Co-Branded Video.

Many of our clients now use Xero Accounting Software and every week more clients sign up to using it to manage their business.

Below is the link to our co-branded Xero video which introduces you to its feature and benefits.  We hope you love what you see and learn.  Click the link and see what’s in store for you and your business:



The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021.

The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’.

Main Budget proposals

Tax measures include:

  • – a super-deduction for companies investing in new plant and machinery
  • – a time extension of the temporary increase to the SDLT nil rate band for residential property in England and Northern Ireland
  • – an extension to the temporary 5% reduced rate of VAT for certain supplies
  • – a temporary increase in the carry-back period for business losses
  • – an increased rate of corporation tax from 2023.

Other measures include:

  • – a new mortgage guarantee scheme
  • – extension to the Job Retention Scheme
  • – a Self-Employment Income Support Scheme fourth and fifth grant
  • – an extension to the business rates holiday in England.

Previously announced measures include:

  • – a cap on the amount of R&D tax credit paid to a loss-making small or medium-sized enterprise
  • – new rules apply to off-payroll working payments made for services provided on or after 6 April 2021.


VAT payment deferral scheme extended – businesses need to sign up by 21st June to avoid being caught out

If you’ve taken advantage of the Covid VAT payment deferral scheme you have until 21st June to register with HMRC to repay the outstanding VAT by monthly instalments. The deadline for payment in full or to opt into the monthly instalment plan was 31st March 2021 but has now been extended to 21 June 2021.

If you’ve deferred VAT payments due between 20th March and 30th June 2020 and still have amounts outstanding, you can do the following:

*   Pay the deferred VAT in full, on or before 31st March 2021

*   Join the VAT deferral new payment scheme

The online service is open between 23rd February and 21st June 2021

*   Contact HMRC if neither of the above apply

Failure to do either of the above may result in HMRC charging interest or a penalty.

You can pay your deferred VAT here. <http://www.gov.uk/pay-vat>

The new scheme will be open from 23rd February 2021 and is accessible via your HMRC Business Tax Account. The first instalment has to be paid when applying to use the scheme, with the following payments being made via direct debit (if you’re unable to pay via direct debit alternative payment methods will be available).

Businesses must join the scheme themselves by 21st June 2021. Unfortunately, agents can’t do this on behalf of clients as the HMRC software doesn’t allow us do to so. To be eligible to use the deferral scheme, businesses must have a balance outstanding to HMRC but all VAT returns must be submitted and up to date.

For larger businesses who are in the VAT payment-on-account regime, the scheme will be available to use towards the end of March.

If you need further information or advice please drop us an email to:  hello@jeffreyahuddart.co.uk