The Budget & SMEs (pt 2): Super Deduction, Corporation Tax & NICsPosted by Ben Locker on March 10, 2021
In our second post clarifying the latest Budget, we look at the new 130% Super Deduction, Corporation Tax changes and Class 2 NICs.
The Budget and small business (part 1): Furlough, SEISS & VATPosted by Ben Locker on March 8, 2021
The first post in our series on the Budget and small business. Learn about changes to the furlough, SEISS and hospitality VAT schemes.
Budget 2021 – Sunak’s Stealth TaxPosted by Jon Pryse-Jones on March 8, 2021
Many alloances and thresholds have been frozen in the 2021 Budget for the next four years. We look at the tax implications.
Marriage Tax Allowance – Get a tax break worth up to £1188Posted by Karen Jones on March 5, 2021
About one million married couples are missing out on claiming up to £1188 from the tax man. Find out if you’re one of them……..
2021 Budget: what it means for youPosted by Ben Locker on March 3, 2021
Today the Chancellor unveiled the 2021 Budget. We look at the key announcements for businesses and individuals, and what they mean for you.
Tax After Coronavirus – upcoming tax refunds for pandemic losses?Posted by Karen Jones on March 1, 2021
The Treasury Committee report, ‘Tax After Coronavirus’ was published today. We summarise its recommendations – including possible tax refunds.
Payment of Capital Gains TaxPosted by Jon Pryse-Jones on February 26, 2021
Payment of Capital Gains Tax (CGT)? Here we explain how to work out when you’ll need to pay the tax to HMRC and the new rules re property.
Corporation Tax update: possible Budget increase and Making Tax DigitalPosted by Karen Jones on February 24, 2021
This Corporation Tax update covers a potential tax hike in the March 2021 budget, plus a government consultation on Making Tax Digital.
Deferred VAT – new payment scheme opens this monthPosted by Kirsty Demeza on February 23, 2021
If you deferred VAT last year because of the coronavirus pandemic, you need to make arrangements to pay it. We explain how you can do it.
CGT changes 2021 – what are they, and should I be worried?Posted by Jon Pryse-Jones on February 17, 2021
What are the CGT changes 2021 has in store? We share what we know about potential CGT hikes and look at how they could affect you.