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We hope everyone and their families are keeping safe in these very difficult times, our office is still operating Monday to Friday, however with staff predominantly working from home responses may be slightly delayed.

To aid individuals in these unprecedented times please see the following information published by the US and UK authorities providing guidance and important updates on the COVID-19 crisis.

If you require any assistance please do not hesitate to contact us.

US Tax Deadlines Extended to July 15, 2020

Most federal tax filing and payment deadlines from April 1, 2020, to July 14, 2020, are extended to July 15, 2020. These extensions are automatic and apply to all taxpayers. You do not need to file other forms or call the IRS to qualify.

The IRS have published a list of helpful questions and answers here:

Most tax filing deadlines can be extended further to October 15, 2020 by filing a request using Form 4868.

Please contact us if you have any questions.

UK Second Tax Payment on Account Deadline Deferred

HMRC has granted a deferral of the 31 July payment on account to all self-assessment taxpayers. This means that individuals that were due to make a UK tax payment on 31 July 2020, now has until 31 January 2021 to make this payment.

This deferral is automatic and no application is required to be sent to HMRC, during this period the usually penalties and interest for late payment will not be charged.

Some individuals may decide to make the payment due in July in the normal way to avoid a large payment in January 2021.

More information published by HMRC can be found here:

Should you have any questions, do not hesitate to contact us.