Millions of self-employed individuals will receive direct cash grants to help them during the coronavirus outbreak. In the latest step to protect individuals and businesses, the Chancellor Rishi Sunak, has set out plans that will see the self-employed receive up to...
Many businesses with premises will qualify for a one-off cash grant and we summarise below the qualifying criteria: a) Retail, hospitality or leisure businesses with a rateable value of between £15,000 and £51,000 can access an additional cash grant of £25,000. b)...
With lock-down now upon us, Alextra Accountants will continue to be open, providing a remote service for businesses and individuals, with our staff members working from home. Whilst we continue to have regular contact with our clients by way of calls...
On 11 March 2020, the Chancellor of the Exchequer, Rishi Sunak, delivered his first Budget in the House of Commons. Just before the Budget announcement, Mark Carney from the Bank of England announced a reduction in UK interest rates from 0.75%...
HMRC’s application of the IR35 rules remains ambiguous after an IT contractor successfully appealed to the First Tier Tribunal (FTT) against a tax charge arising under the intermediaries' legislation. In RALC Consulting Ltd v HMRC [2019] TC 07474, the FTT allowed...