The Office of Tax Simplification (OTS) is recommending aligning capital gains tax (CGT) rates with those attributable to income tax as well as sharply reducing the annual exempt amount in order to increase tax revenues and create a more equitable...
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COVID-19 – Check If You Are Eligible For The Coronavirus Local Restrictions Support Grant
The Local Restrictions Support Grant (LRSG) supports businesses that have been required to close due to temporary COVID-19 local lock-down restrictions imposed by the government. Your business may be eligible if it: Occupies property on which it pays business rates Is...
COVID-19 – Claim Tax Relief For Expenses Incurred Working From Home
You may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all or part of the week. This includes if you have to work from home...
COVID-19 – Self-Employment Income Support Scheme – Is This For You?
Information about the Self-Employment Income Support Scheme (SEISS) has been released over six months and so has become fragmented. We always want to make things simple for our clients so we have drawn all the information together. The SEISS grants are available...
COVID-19 – Business Update
Winter Economy Plan Here are the headlines from the Chancellors statement in Parliament where a series of measures to help jobs and businesses were announced. New Job Support Scheme Announced Chancellor Rishi Sunak announced a new job scheme starting 1 November 2020 to...