Coronavirus Update – 24th March 2020

Yesterday the government announced new strict rules – the country has now gone into lockdown. To summarise, you can only leave your house for the following reasons : To visit a supermarket or chemist To undertake one form of exercise a day, alone or with members...

COVID-19/Coronavirus – Advice for Businesses 18 March 2020

At the time of writing, the advice and information from the HM Government is changing on a daily basis. However, the latest announcements relating to financial help to businesses will hopefully provide some comfort to everyone. Helpline HMRC now have a dedicated...

March 2020 – Personal Tax Planning

We are getting closer to the end of the tax year on 5th April, so if you haven’t fully thought about how you can minimise your personal tax, then below are our tax tips! Top personal tax tips: ISAs Cash ISA’s are savings accounts that you never pay tax on...

Civil Partnerships – could you benefit?

Unmarried but have lived with your partner for a long time? Civil Partnerships – Could you benefit from the changes in legislation? On 31st December 2019, the law was changed so that the facility to enter into a civil partnership was available to heterosexual...

31st Personal Tax Return Deadline

The deadline for all personal tax returns for the year ended 5th April 2019 is 31st January 2020 and all returns must be submitted by that date. Late filing can lead to penalties of over £1,000. If your return has not been submitted yet, or is not in hand, please...

Electric Cars – Update

Changes are being made to the way benefit in kind taxes are charged on electric cars with effect from April 2020 which will make company ownership of electric cars highly beneficial from a purely tax perspective. In short, a company can obtain 100% tax relief on the...