Year End Tax Planning

With the end of the tax year in sight, we’ve put together our top tips on how you can minimise your personal tax. ISA’s Cash ISA’s are savings accounts that you never pay tax on the interest arising. In a normal savings account, the first £1,000 will be tax free, but...

March Budget Newsletter

CHANCELLOR “LEVELS UP” WITH US ON TAX  In the Chancellor’s second real Budget on 3 March 2021 he announced that he had to level with people about the state of the UK economy.  Prior to Budget day there were fewer leaks than normal about possible tax changes. There...

Winter Economy Plan

In lieu of an Autumn Budget, the Chancellor recently announced his “Winter Economy Plan” which included further measures to protect jobs and the economy as it seems lockdown measures will be continuing for some time. Here is a recap of the main points. Job Support...

Tax News August 2020

As lockdown continues to ease over most of the country, we thought we would bring you up to speed with all things tax. VAT deferral scheme The VAT payments deferral scheme came to an end on 30 June 2020.  If you were one of the VAT registered businesses that deferred...

Coronavirus Tax and Support Update – June 4th 2020

There have been some recent developments in terms of the support available to businesses during the ongoing coronavirus pandemic, particularly in respect of the Coronavirus Job Retention Scheme, commonly known as the “furlough” scheme. There has also been an extension...

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...