News & Updates

Taxpayers claim tax relief for working from home

HMRC has received more than 54,800 claims from taxpayers using a new online portal which allows workers to claim tax relief for working at home.

Self assessment customers to benefit from enhanced payment plans

Self assessment taxpayers are now able to benefit from enhanced payment plans and can apply online for additional support to help spread their tax bill into monthly payments.

Chancellor approves grants for businesses closed by lockdown

Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to the lockdown.

Increased support made available for the self employed

The government has increased the support available to self-employed workers and extended its emergency business loan schemes.

Furlough scheme extended

On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS) has been extended until the end of March 2021.

Employee Benefits Christmas Is Coming

How to buy £300 of Wine through your limited company and other ways to treat your employees.

House sales rise following the introduction of stamp duty holiday

The government has announced that residential property transactions rose in August following the introduction of a stamp duty holiday.

New trade arrangements with the EU from 1 January 2021

HMRC has sent letters to VAT-registered businesses in Great Britain trading with the EU, or the EU and the rest of the world.

Ministers announce new grants for businesses affected by local lockdowns

Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.

The VAT reverse charge

HMRC has issued detailed guidance on the domestic reverse charge changes scheduled for 1 March 2021.

Changes to the Bounce Back Loan and Coronavirus Business Interruption Loan Schemes

The government has announced options to extend terms and change payments.

VAT deferral and enhanced Time to Pay for self assessment

As part of the Winter Economy Plan the government has announced options for deferred VAT and income tax self assessment payments.

Winter Economy Plan support for the self-employed

As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension.

Job Support Scheme

The existing job support scheme, the furlough scheme, comes to an end on 31 October.

More than £30 million lost to pension scams

Over £30 million has been lost to pension scams since 2017, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).

Plastic bag tax charge to be doubled and extended to all retailers

The fee for plastic shopping bags in England will be doubled to 10 pence and extended to all shops from April 2021.

Eat Out to Help Out – over 64 million meals

The government has announced that more than 64 million meals were enjoyed by diners across the country during the government's Eat Out to Help Out discount scheme.

Self Employment Income Support Scheme Grants

HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support Grant.

Kickstart Scheme opens for applications

On 2 September 2020, the government's £2 billion Kickstart Scheme opened for employer applications.

Green Vehicles

Find out more about the benefits of running an electric car.

Time to Mask Up