Summer statement
As the impact of Coronavirus continues to affect the economy, Chancellor Rishi Sunak announced a number of measures in the house of Commons on 8 July 2020 which are summarised…
Tax
Payments on Account deferral
You may be aware that the 31 July 2020 payments on account (POA) have been deferred until 31 January 2021 due to the coronavirus pandemic, this is an attempt to…
COVID-19: delay to VAT reverse charge on construction services
On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services, due to the impact of the COVID-19 pandemic on…
MPs open inquiry into £155 billion of tax reliefs
The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief. The inquiry follows the February publication of a National Audit Office…
HMRC extends late reporting deadline for CGT
HMRC has confirmed it will not charge penalties for the late reporting of capital gains tax (CGT) on disposals of UK residential property by UK residents made by 31 July…
Changes to Coronavirus Support Measures
On Friday the Chancellor, Rishi Sunak, announced more details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme. Whilst not all details have…
Coronavirus Guide
We have summarised all the advice and measures we are aware up to 6 May 2020 in this complete guide. We hope you will find it useful. Covid Guide
Covid-19 Measures for Business
We have pulled together a round-up of the key Coronavirus announcements so far for businesses including useful links to government sites. Statutory sick pay (SSP) Businesses with fewer than 250…
Review of the Disguised Remuneration Loan Charge
The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse’s independent review of the loan charge policy and…
Chancellor commits to review of IR35
The Chancellor of the Exchequer, Sajid Javid has announced that the major review of all aspects of self-employment, promised in the Conservatives’ manifesto, will include the proposed extension of the…
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