August 2020

Capital Gains Tax under review as Treasury considers overhaul Applications open for second phase of self-employed income support Making Tax Digital to 'apply to all VAT-registered traders by 2022/23' MPS: let opted out workers re-enrol back into workplace pensions early The full report can be found here. ...

0
0

July 2020

UK Economy slumps into recession after record contraction in April Builders Cash flow chaos prompts further reverse charge VAT delay Government clarifies furlough scheme stance for employers Self Employed grants are liable for tax and national insurance Please find July's Insider report here. As always feel free to get in touch if...

0
0

Planning for Redundancies

With the impact of Covid-19, some businesses may have had to make the difficult decision to discuss redundancies and the long term impact of doing so. Our guide here will help you with that decision as well as the potential business and tax impact this could have.Please...

0
0

June 2020

Extension to Furlough scheme to end of October Businesses claim billions in state support  Coronavirus impact places UK Economy into 'Significant Recession' HMRC relaxes stance on home office equipment until 2021/22 You can find the full report here. ...

0
0

Working from Home during Covid-19

With the announcements from the Government to work at home where possible, many businesses chose to do so, and currently 66% of office workers are still working from home (compared to the EU average of 32%), ours included!This may have raised a few questions that have...

0
0

Insider – May 2020

Tax Group wants VAT simplification of food and drink rules HMRC confirms Self-Employed can claim support in mid May 340,000 sign petition to change Virus Support for the Self-Employed Second phase of Making Tax Digital for VAT delayed until 2021 Our full report can be found here, and if you have any...

0
0

Insider – April 2020

This month the Insider newsletter provides a summary of the following: COVID-19 postpones off-payroll extension to the Private Sector  Coronavirus pandemic prompts one year Business Rates Holiday Chancellor ups annual Pension allowance thresholds by £90,000 Entrepreneurs' relief lifetime limited slashed from £10M to £1M Our full report can be found here,...

0
0

Employer Issues with Automatic Enrolment

We have prepared a short guide here which details all there is to know about auto-enrolment and what this could mean for employers, such as their responsibilities and how a workplace pension operates. If you have any queries regarding automatic enrolment, please do not hesitate to contact us. ...

0
0