Corporate Tax Planning in 2020/21

With the economic hit due to Covid-19 it may be difficult to predict the future, especially when it comes to planning tax. Our guide here will help to answer any questions you may have regarding deadlines with HMRC and what to expect in the upcoming months.We will...

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Post Covid-19 Support for Businesses

Now that the government are slowly easing the measures put in place due to Covid and as many businesses have been getting back to normality, there have been recent announcements into the support for businesses in the next few months, and our guide here will explain what...

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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. ...

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HMRC resumes investigations after COVID-19

With the number of schemes the government have put in place over the last few months to support those affected by Covid-19, they have also had to put in place measures to investigate that every claim is correct and not fraudulent, so it is important...

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Trusts and passing on Wealth

For those planning on passing on wealth to the next generation, it may be a complicated system in which route you decide to take, and you may have considered trusts as an option. Our detailed guide here will explain the different options you may have,as well as...

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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...

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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...

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Capital goods scheme for VAT

The Capital Goods scheme may be a grey area for some, but our detailed guide here will help  you understand if this applies to your business and how exactly this will affect you.As always, please feel free to get in touch with any queries you may have. ...

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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. ...

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Inheritance Tax Planning in 2020/21

For those who would like to understand Inheritance Tax a bit better, our guide here will detail what to consider and what exactly Inheritance Tax planning could mean for you.If you have any queries please do not hesitate to contact us. ...

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