Although the employment landscape has changed significantly since the most recent Budget in March this year, it is important to review and remember the basic provisions outlined by the Government in respect of Employment Tax.

Employment Tax

National Insurance thresholds

The government has

Having already reviewed the provisions of the recent Budget in respect of private clients, in this post we’ve focussed on the measures outlined in respect of Business Tax.

Business Tax

Corporation tax rates

Corporation tax rates have already been enacted for periods up to 31 March 2021.

The

As part of our series of posts reviewing the March 2020 Budget, it is important to look at some of the broader measures that may affect you and your family. So in this post we are focusing on the measures outlined in respect of helping your children and grandchildren, and pension contributions.

As part of our review of the measures outlined in the March 2020 Budget, in this post, we take a look at the position for Inheritance Tax.

Inheritance Tax (IHT)

The importance of understanding the tax allowances and reliefs for IHT is to take advantage of:

• the short term opportunity of using

As the second post in our series in respect of the recent Budget, we take a look at the measures outlined in respect of CGT.

Capital Gains Tax (CGT)

The importance of understanding the tax allowances and rates for CGT is to take advantage of:

• the short term opportunity of using your annual

It may feel like a long time ago, but on Wednesday 11 March 2020, the Chancellor Rishi Sunak presented his first Budget. Indeed, it was the first Budget of this new government and was presented confidently by a Chancellor who had only been in office for a month.

In his speech he stated “We are at

With most commercial flights now postponed for the foreseeable future, HMRC have published guidance on when extended stays in the UK due to COVID-19 can be ignored for the purposes of the day-count under the Statutory Residence Test (“SRT”).

Unable to leave the UK due to Covid 19

Individuals

Taxpayers presently involved in current HMRC investigations and enquiries including Code of Practice 9 investigations will be concerned at how the COVID-19 crisis affects their situation.

Investigation deadlines

 HMRC investigators are expected to not insist on deadlines being met and will offer

With an increasingly uncertain economic climate ahead, in this report, we take a look at the new measures aimed at supporting business borrowing.

Coronavirus Business Interruption Loan Scheme

The new Coronavirus Business Interruption Loan (CBIL) scheme has been launched.  It is modelled on, and