09/Jul/2020Summer Economic Statement July 2020
On Wednesday, the Chancellor Rishi Sunak made a speech entitled “Summer Economic Update” where he unveiled further Government supports and he unveiled the Government’s plan for jobs which he described […]
08/Jul/2020Company car ‘availability’ during the Covid-19 pandemic
For many, their working patterns changed as a result of the Covid-19 pandemic. Some employees were required to work from home, some were furloughed, while those with certain health conditions […]
07/Jul/2020Flexible furloughing
As far as the Coronavirus Job Retention Scheme is concerned, it is all change from 1 July 2020. From that date, employees can be flexibly furloughed allowing furloughed employees to […]
06/Jul/2020Capital gains tax implications of selling the buy-to-let
Topic:-Capital gains tax implications of selling the buy-to-let There may come a time when a landlord no longer wants to hold a buy-to let property and puts the property on […]
03/Jul/2020Waiver of dividends and remuneration
Many companies are experiencing financial difficulties brought about by the coronavirus pandemic and there will be many instances where directors and shareholders will be considering waiving their right to company […]
22/Jun/2020Check your tax code – And what to do if it is wrong
The tax code is fundamental to the operation of the PAYE system. The tax code represents the allowances (or ‘tax-free pay’) to which an employee is entitled, or, where the […]
22/Jun/2020P45 Procedures – What to Do When an Employee Leaves
When an employee leaves, there are various procedures that need to be followed from a payroll perspective. These include telling HMRC that the employee has left and issued the employee […]
19/Jun/2020Deferring Self-Assessment POA – Is it Good Idea?
To help those suffering cash flow difficulties as a result of the Covid-19 pandemic, the Government have announced that Deferring Self-Assessment POA, taxpayers can delay making their second payment on […]
16/Jun/2020Reclaim statutory sick pay (SSP) for Covid-19 absences
Small employers can now reclaim statutory sick pay (SSP) paid to employees who were absent from work due to the Coronavirus. The online claim service went live on 26 May […]
16/Jun/2020Mortgage payment holidays and interest relief for landlords
In March, the Government announced that homeowners struggling to pay their mortgages due to Coronavirus would be able to take a three-month mortgage payment holiday. They confirmed that this option […]
15/Jun/2020Late or unpaid rent – Impact on the calculation of a landlord’s taxable profits
As with other sectors, landlords may be adversely affected by the Covid-19 pandemic. Tenants suffering cashflow difficulties may be unable to pay their rent in full or on time. The […]
12/Jun/2020Entrepreneurs’ Relief (ER) but not as we know it
The Spring Budget 2020 announced a significant restriction on future availability of entrepreneurs’ relief (ER) for individuals who dispose of all or part of their business, individuals who dispose of […]
Proud to be featured in
150
