Despite the coronavirus lockdown HMRC have announced that they will still expect P11d forms reporting expenses and benefits to be submitted by the nor...
Can we “furlough” company cars?
During the lockdown period many employees and directors have not been using their company cars and it has been sitting on their driveway. You might th...
Job retention furlough scheme extended to October
Chancellor Rishi Sunak announced on 12 May that the CJRS furlough scheme will be extended until the end of October. The scheme will continue in its cu...
New system for reporting CGT on property disposal
A new CGT reporting and payment on account system was introduced for residential property disposals by UK resident taxpayers from 6 April 2020. ...
CGT private residence relief changes go ahead
The latest Finance Bill includes important changes to private residence relief that took effect from 6 April 2020. The first change is to limit to ...
Impact on the high-income child benefit charge
Child benefit charge: With many employees and the self-employed being furloughed, being made redundant, or making lower profits, their income for 2020...
Covid-19: Business Survival
The Government has stepped in to provide support to certain areas of the economy but even with this becoming available in the coming weeks, some of us...
Increase in Working Tax Credits
The government has announced that Working Tax Credits payments will be increased from 6 April 2020. As part of a number of measures to support the cou...
Diary of main tax events March / April 2020
1/03 Corporation tax payment for year to 31/5/19 (unless quarterly instalments apply)...