What is Self-Assessment? Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions, and savings. People...
Small businesses boosted by bounce back Loans New 100% government backed loan scheme for small business. The Bounce Back Loan scheme is aimed at small businesses. The scheme is available from...
Temporary changes to the VAT payments due between 20 March 2020 and 30 June 2020 to help businesses manage their cash flow. If you’re a UK VAT registered business...
Business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year. Eligibility You are eligible for the business rates holiday if: your...
The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19). This scheme will allow you to claim...
The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers for at least 3 months starting from 1 March 2020. It is designed to support...
Tax credits could go up, down or stop if there are changes in your family or work life. Must report any changes and change any circumstances to the Tax...
Business property relief (BPR) for inheritance tax (IHT) purposes is perhaps most commonly claimed in respect of an individual’s owner-managed company. The rate of BPR for the individual’s shares...
The tax-free allowances you can get up to £1,000 for property or trading income from 6 April 2017. If you have both types of income, you’ll get a £1,000...
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations,...