Further Business Support announced by chancellor
NEW JOB SUPPORT SCHEME ANNOUNCED Today Chancellor Rishi Sunak announced a new job scheme starting 1 November 2020 to replace the current Job retention (“furlough”) [...]
Support for Businesses – Coronavirus
Updated 09/04/2020 See also our Job retention scheme FAQ's Support for self employed This evening the chancellor announced measures to support the self employed, the [...]
IR35 Update
Twenty years ago a press release regarding IR35 was slipped into the back of the Budget press pack, and it has been causing [...]
Changes to National Minimum Wage (NMW)
National Minimum Wage (NMW) and National Living Wage changes There is a dedicated unit within HMRC that chases down employers who don’t abide by every [...]
Making Tax Digital (MTD) is steaming ahead
It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]
Marriage Allowance – New stats revealed
Recent government statistics have revealed that out of the four million eligible couples, around half are still not benefiting from the income tax Marriage Allowance [...]
Landlords Cash Basis of Accounting
For returns from the period beginning 6th April 2013 a voluntary form of cash basis accounting was introduced but only for unincorporated trading businesses with [...]
Child Benefit Clawback- a case taken to First Tier Tribunal
The high income child benefit charge (HICBC) is the mechanism, to clawback child benefit. In brief, a high earner has to pay more tax to [...]
Statutory Maternity Pay -latest Case
Statutory Maternity Pay (SMP) must be paid to a pregnant employee who has been continuously employed by the employer for at least 26 weeks, up [...]
Tax News Round-up March 2018
NO MAJOR TAX CHANGES IN CHANCELLOR’S SPRING STATEMENT As announced last year, the Chancellor’s Budget will in future take place in the Autumn each [...]