If you pay Income Tax at the basic rate no additional relief is due on your charitable donations. However, if…
Read MoreThe Job Support Scheme (JSS) Open is available from 1 November 2020 for businesses that remain open but with employees…
Read MoreThe Job Support Scheme (JSS) has replaced the Coronavirus Job Retention Scheme (CJRS) which came to an end on 31…
Read MoreA recent investigation by the Insolvency Service has seen a husband and wife disqualified from being directors for a total…
Read More1 November 2020 - Due date for Corporation Tax due for the year ended 31 January 2020. 19 November 2020…
Read MoreThere are a number of reasons why you may decide to close your limited company. This could be because a…
Read MoreAs we have reported previously, the UK government has confirmed that it will neither accept nor seek any extension to…
Read MoreThe Annual Investment Allowance (AIA) allows for a 100% tax deduction on qualifying expenditure on plant and machinery to be…
Read MoreThe Extra Statutory Concession (ESC) - C16 was a well-used extra-statutory concession that allowed company directors to treat final distributions…
Read MoreIn the current tax year, anyone with taxable income of less than £17,500 will have no tax to pay on…
Read MoreUnder standard VAT accounting, VAT is payable on sales whether or not the customer has paid and can lead to…
Read MoreThe Chancellor, Rishi Sunak, has delivered his third major statement to the House of Commons in less than a month.…
Read MoreIf you are an employee and use your own money to buy things you need for your job, then you…
Read MoreFrom 1 January 2021, UK businesses that export, import or transport goods to and from the EU will need to…
Read MoreHMRC is warning new students starting university that they could be targeted by scammers trying to steal their money and…
Read MoreHome owners and landlords in England can apply for a grant to make their home more energy efficient. The Green…
Read MoreNew VAT rules for building contractors and sub-contractors come into effect from 1 March 2021. The new rules will make…
Read MoreThere are special rules in place for taxpayers who gift land, property or certain shares to charity. This can include…
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