Anna’s Accountancy Alerts – Week 36 (6th – 12th December 2021)

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Important warning for SEISS claimants

If you received any of the first three SEISS grants and haven’t submitted your 2019/20 tax return or have but have not shown that you were self employed, you must submit or correct your return without delay or repay the grant.

If you receive a warning letter from HMRC you must act quickly. HMRC is allowing just 30 days from the issue of the letter for you to submit or amend your 2019/20 tax return.

Increase in payroll costs

Higher than inflation increases to the minimum and living wage rates will apply from 1 April 2022. The new rates are:


From 1 April 2022

Current rate

National living wage



21-22 year old rate



18-20 year old rate



16-17 year old rate



Apprentices rate



Capital gains deadline

The time limit for reporting to HMRC capital gains made from the sale or transfer of residential property has been doubled. Instead of 30 days you now have 60 days to notify HMRC and pay any tax liability. This deadline applies to gains made on or after 27 October 2021.

Stay Up-To-Date With Coronavirus & Brexit News

Coronavirus has affected us all. Whether you’re a sole trader, employer or employee. Stay up to date with the latest news – including government support, tax implications, and more.