Locums deferral of SA payments
The government announced that the second payment on account for 2019/20 due on 31 July 2020 will be deferred until 31st January 2021.
Can I claim this?
The government announced this measure to assist all self-employed taxpayers (not just the self-employed) with their cash flow during this pandemic. This means all self-employed locum Optometrists and locum Dispensing Opticians and/or locum contact lens opticians can be eligible for this.
How do I claim this?
This is an automatic offer and no application is required unless you are one of those who have a direct debit mandate setup. If you are one of those and you wish to defer your payment on account due on 31 July 2020 then you should cancel it by contacting the bank.
There will be no interest charged or penalties on any deferral amount. This is a deferral and not a grant and therefore will still need to be paid in January 2020 along with your other liabilities in that time.
However, please note that the deferral is optional, so if you prefer to make the July payment to avoid a larger payment in January 2021, you may do so.
To read about the self employment income scheme phase 2 grant, click here
To read about the flexible furlough and how to claim, click here
If you have any questions in regards to the any of the governments reliefs or any other accounting related queries then feel free to drop me an email and I or someone from the Locumkit team shall get back to you - [email protected]
What is Locumkit?
Locumkit - Bespoke locum management platform for locum Optometrists and Dispensing Opticians (Locum Agency & Accountants); we help you get locum days, maintain your income/expenses, send invoices (all on the cloud), file your accounts - all from one place. Why not register and see what we are all about, especially as locum work starts to pick up we shall aim to regain contact with employers to get you work.
Specialist Accountants for locums - to find out more click here