by support | Mar 30, 2020 | Analysis, Information, Legislation, Tax
Self-employment income support scheme This is meant to cover people whose main income is self-employment, including partners in partnerships. The Government has promised that, if you appear to qualify, HMRC should get in touch with you during June 2020. Please beware...
by support | Mar 19, 2020 | Analysis, Information, Legislation, Tax, VAT
The current health situation 14 days of Statutory Sick Pay per employee to be met by the Government in full. Business properties with rateable value less than £51,000 will pay no Business Rates. The amount of the Cash Grant that was going to be £3,000 to certain Small...
by support | Mar 17, 2020 | Analysis, Information, Legislation, Tax, VAT
During the Great Depression, President Franklin D. Roosevelt stated in his Inauguration Speech in 1933, “the only thing you have to fear is fear itself”. Fear The official response to a problem tends to bring about a situation worse than the problem. For...
by support | Mar 4, 2020 | Information, Legislation, Tax, VAT
From 1st October 2020 main Contractors will no longer pay VAT to Sub-Contractors working on projects under the CIS Scheme. Instead, the main Contractor will pay the VAT directly to H M Revenue and Customs. This applies to all building and construction contracts...
by support | Feb 13, 2020 | Analysis, Information, Legislation, Tax
At present, capital gains tax is payable on 31 January following the end of the tax year in which the gain takes place. This rule is about to change for residential properties. As from 6 April 2020, if you are selling a residential property on which capital...
by support | Nov 1, 2019 | Analysis, Information, Tax
As I write these words, I have just heard that we are going to have a General Election on 12th December 2019. I was listening to the Today Programme on Radio 4 in which someone from the CBI, and a business owner, were being interviewed as to the business climate...
