22Jul
Making Tax Digital
The Treasury has announced that it plans to expand the Making Tax Digital (MTD) reporting regime to all VAT-registered businesses from April 2022. At present, it only applies to those […]
Blog
08Jul
Summer Statement 2020
Today the Chancellor delivered a summer statement in the Commons presenting a financial package to support young people, help the housing market and improve the country’s struggling hospitality sector. Key […]
30Jun
VAT payment deferral period ends today
The VAT payment deferral period ends on 30 June 2020. Therefore, businesses liable to pay VAT need to – Please be aware that the VAT shown as due on a […]
22Jun
Covid-19 – ‘Exceptional circumstances’ for higher rate Stamp Duty Land Tax refunds
In England and Northern Ireland the purchase of a second home is subject to an additional amount of Stamp Duty Land Tax (SDLT) equating to 3% of the purchase price. […]
18Jun
Fiscal measures planned to promote COVID-19 recovery
Early in July, the Chancellor of the Exchequer will make some announcements intended to promote a post-coronavirus recovery. The emergency measures introduced by the Government to help workers during the […]
17Jun
Covid-19 Updated furlough guidance
HM Revenue & Customs (HMRC) updated its guidance on the Coronavirus Job Retention Scheme (CJRS) to include details on how the scheme will change from 1 July to include flexible […]
01Jun
Furlough scheme – outline changes announced
The Chancellor has announced plans to end the Furlough scheme on 31 October 2020, with Government contribution levels gradually reducing from 1 August. From 1 July 2020, businesses will be […]
12May
Furlough scheme to run until October
Chancellor Rishi Sunak has today announced that the Coronavirus Job Retention Scheme will be extended by four months until the end of October. Employers will be able to bring back […]
29Apr
Small businesses offered “bounce back” loans
HM Treasury (HMT) has announced details of a new 100% Government-backed loan scheme for small businesses. Under the scheme, businesses will be able to borrow between £2,000 and £50,000 and […]
24Apr
Annual Reporting for Employment Related Securities
To date we have not been advised of any Covid-19 related extension covering the reporting of Employment Related Securities, however, we will advise if this situation changes. Therefore, where an […]
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