On the 31 October 2020 the Government announced further national restrictions starting on 5 November 2020. The Government have put grant schemes in place to support businesses during this lockdown. Please see the following links for your area: Cheshire East Newcastle-under-Lyme Stoke Stafford If you would...
The Office of Tax Simplification (OTS) is recommending aligning capital gains tax (CGT) rates with those attributable to income tax as well as sharply reducing the annual exempt amount in order to increase tax revenues and create a more equitable...
The Local Restrictions Support Grant (LRSG) supports businesses that have been required to close due to temporary COVID-19 local lock-down restrictions imposed by the government. Your business may be eligible if it: Occupies property on which it pays business rates Is...
You may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all or part of the week. This includes if you have to work from home...
Information about the Self-Employment Income Support Scheme (SEISS) has been released over six months and so has become fragmented. We always want to make things simple for our clients so we have drawn all the information together. The SEISS grants are available...
Winter Economy Plan Here are the headlines from the Chancellors statement in Parliament where a series of measures to help jobs and businesses were announced. New Job Support Scheme Announced Chancellor Rishi Sunak announced a new job scheme starting 1 November 2020 to...
A 100% income tax charge can be imposed where a recipient of a support payment was not entitled to it. This charge covers scenarios such as Coronavirus Job Retention Scheme (furlough) claims where the employees concerned were still working, and also...
Millions of self-employed people whose trade has been hit by coronavirus can now apply for a second support grant from the government. More than three million people may be eligible for the payment of up to £6,570 each, which Chancellor Rishi...
The dairy farmers’ Covid-19 fund is open for applications. The fund is open to farmers who have experienced losses of 25% of their income (or more) during April and May 2020 due to a reduction in demand for dairy products. Applications are...
You can start to flexibly furlough eligible employees from 1 July onwards. From 1 July, you can claim a more flexible grant for any employee you have previously received a Coronavirus Job Retention Scheme grant for, and who now returns to...