It was the 2009 budget that saw the introduction of the personal allowance restriction (commenced in April 2010). As the UK emerged from the effects of the global financial crisis, increased taxes and spending cuts… Read More
In April 2020, the rules for reporting capital gains on UK residential property sales changed. From that date, gains are to be reported within 30 days of the sale completion. The resulting capital gains tax… Read More
The Job Retention Scheme was due to expire at the end of October and the Chancellor has previously said that it would not be renewed. However in his Autumn Announcement the Chancellor announced a replacement… Read More
Many people in employment or self-employment are interested in buying residential property, mainly as part of their long term wealth planning. In addition many consultants affected by the new off-payroll rules may be questioning whether… Read More
The government has done a good job supporting many businesses throughout the Covid-19 crisis, but we now need greater clarity on measures put in place to help SMEs survive the deluge of debt so many… Read More
The Chancellor has introduced a series of measures focused in some key areas that havebeen hard hit due to Covid-19.In what the Chancellor referred to as ‘Phase 2’ of the Government’s response, Rishi Sunakannounced a… Read More
The government has announced a number of changes to the Coronavirus Job Retention Scheme – more commonly referred to as ‘furlough’. These changes start to take effect from 1 July. According to government published figures,… Read More
Over the past 3 months the government has responded to the devastating financial impact of Covid-19 on businesses with a number of packages of support to help businesses of all sizes – SMEs, the self-employed… Read More
UK tax resident companies have an annual obligation to e-report to HMRC all awards of shares, share options and loan notes (in fact any “securities”) to employees and directors. There are very few exceptions. HMRC… Read More
With all our thoughts currently on the fantastic work that the NHS do, the amazing achievements of Captain (now Colonel) Tom Moore and the 75th VE Anniversary celebrations, many of us have been digging deep… Read More
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