Lockdown 2 the new rules
England has a new lockdown from 5th November to 2nd December. But this is very different from last time when everything closed. With most [...]
New Three Tier Lockdown
We now have a three-tier lockdown system for England, restricting some activities, with specific exceptions. There are new grants available to those businesses told [...]
Winter Economy Plan Part 2 – Closed Businesses
As we move into the next phase of Coronavirus the Chancellor has announced some new grants for closed businesses. The previously announced schemes are [...]
Auto-enrollment Anniversary
Auto-enrolment became compulsory for all existing businesses in April 2017, and all new business in the following months - that is just about 3 [...]
The Winter Economy Plan
The chancellor has decided to cancel the planned Autumn Budget this year. The last budget in March was just before lockdown, and we have [...]
Government Assistance Schemes Ending
Self-Employed Income Support Grants The portal is now open for claiming the second and final self-employed income support scheme grant. You can claim this [...]
Expenses when Travelling on Business
It is very common to travel for business and hence HMRC have give us rules on what they consider reasonable expenses for an employee [...]
Mini Budget July 2020
The chancellor has announced changes in an economic statement – not a budget. The focus of this mini budget was job creation, being advertised [...]
Sick Leave & Coronavirus
VAT (Value Added Tax) is a tax on spending. The person who want the goods or services and uses them to their own ends [...]
Furloughing Udates
HMRC have set up the job retention scheme to reimburse employers for up to 80% of usual wages, paid to employees who are “furloughed” [...]
Just Good Business or a Scam?
A business is designed to make money for the owner through the selling of products or services. A scam is designed to make money [...]
HMRC and Bicycles
The government wants to promote cycling and has hence introduced various tax reliefs. These have been extended due to coronavirus to include electric cycles. [...]
Government Assistance Schemes Extended
Self Employed Income Support Scheme The government have announced a second taxable grant for the self-employed. The first round is currently open for claims [...]
Stay Alert
The stay at home mantra has worked, so it has been changed to Stay Alert for the start of the next phase. Part one [...]
Are you thinking of making a donation to charity this week?
What are the tax consequences? Gift aid rules Gift aid is a special tax relief for UK income taxpayers, who confirm to the charity [...]
Corvid -19 Small Business Help
Yesterday the government announced its support for the self-employed. They had previously advised that the self employed were a big group ad they were [...]
Tax Year End
Only a few days to go until the end of this tax year on 5th April. Just time to review your current tax position, [...]
Corvid 19 – Who should be working?
Under Corvid -19 there appears to be some confusion over who should be working – especially after questions in parliament over construction workers. The [...]
The Governments Coronavirus Support
During this time of great uncertainty, the Government is supporting this country economically with the following measures. Business Rates 12 months business rate holiday [...]
IR35 Off Payroll Working -Update
The proposed extension of IR35 Off payroll working rules to the private sector has been “postponed due to coronavirus until April 2021” However, that [...]
Spring Budget 2020 – Summary
We have waited a long time for this budget, and it was full of surprises – both for what it did and did not [...]