Insights

If you have a rental property, it is important to report the rental profits to HMRC on a self-assessment tax return. HMRC…

In his Winter Economy Plan, Rishi Sunak announced some new, enhanced payment arrangements for people who are paying income and capital gains…

This summer’s staycation boom, the prospect of Brexit and the temporary reduction in stamp duty rates have left many people thinking about…

Although there have been a number of schemes available to support taxpayers through the Covid-19 pandemic, some have been more generous than…

It has been widely reported that the chancellor has asked The Office of Tax Simplification (OTS) to investigate whether capital gains tax…

Rishi Sunak has dropped some heavy hints that taxes will be increasing to cover the cost of the financial support provided by…

Many people are choosing to own residential rental properties within a company structure (known as an enveloped dwelling). This form of ownership…

The current economic situation is difficult for almost every business and many people will have had to accept a temporary reduction in…

This week, HMRC is starting to send out notifications to those who are eligible for the Self-Employment Income Support Scheme. If you…

True to HMRC’s word, the Coronavirus furlough scheme portal went live on 20 April 2020 and in the first hour of operation…

The Coronavirus Job Retention Scheme is designed to support employers whose operations have been severely affected by COVID-19. Principally, it is for…

New emergency insolvency measures have been agreed to help companies unable to meet all their debts due to the impact of coronavirus…

Whilst tax due on 31 July 2020 by self-assessment taxpayers is now deferred for collection until 31 January 2021 due to coronavirus…

The Government has been very supportive to businesses who are affected by COVID-19 and it is likely that HMRC will take a…

HMRC has clarified its guidance on who is eligible to defer tax payments due on 31 July. All taxpayers who are due…