Still considering an electric company car?
Date posted: 30th Sep 2020
There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also…
Date posted: 30th Sep 2020
There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also…
Date posted: 30th Sep 2020
The United Kingdom leaves the European Union at 11pm on 31 December 2020 when the transitional period ends. It is still unclear whether a trade deal will have…
Date posted: 29th Sep 2020
Breaking news update – Government extends £1m Annual Investment Allowance cap to 1 January 2022 The Government has extended the £1m Annual Investment Allowance cap to 1 January…
Date posted: 16th Sep 2020
The Coronavirus Business Interruption Loan Scheme (CBILS) is set to close for applications on 30 September 2020. If you are still thinking about borrowing under the scheme before…
Date posted: 15th Sep 2020
As you may have read in the press, HM Revenue & Customs believe that up to £3.5bn of furlough monies may have been claimed in either error or…
Date posted: 14th Sep 2020
The government has confirmed that it will increase the age at which people can access their pensions from 55 to 57 in 2028. This means that if you…
Date posted: 4th Sep 2020
Class 2 National Insurance Contributions (NICs) are currently paid at the rate of £3.05 per week by self-employed earners. A person who is liable to Income Tax on…
Date posted: 3rd Sep 2020
HMRC’s CJRS fraud reporting portal had received over 2,000 reports of wrongful claims. Examples of such wrongful claims include; Claiming furlough payments for staff who are continuing to…
Date posted: 27th Aug 2020
It is important to remember that when making a claim for research and development tax relief, HMRC will expect that you will provide sufficient information for them to…
Date posted: 14th Aug 2020
As you may be aware HMRC have had to reallocate staff to deal with the myriad of Corona Virus support schemes. This has resulted in them being behind…
