Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2020. The guidance states: ‘You can use the previous rates for up to one month…
Tax
Increased support made available for the self employed
The government has increased the support available to self-employed workers and extended its emergency business loan schemes as the UK heads for a second national lockdown. On 5 November Rishi…
ATT issues last call for firms seeking to use increased Annual Investment Allowance
The Association of Taxation Technicians (ATT) has issued a last call for businesses looking to make use of the increased Annual Investment Allowance (AIA). The AIA will be reduced from…
New Coronavirus Financial Support Measures
The Chancellor announced a number of new support measures for those affected by COVID on 24 September. Jobs Support Scheme The existing Furlough scheme is due to end on 31…
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…
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…
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…
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