by support | Mar 10, 2024 | General, Tax
The Chancellor delivered his Spring Budget on 6 March 2024. This is a summary of how it may affect you. More details should be announced by the Government in due course. National Insurance From 6 April 2024, the main rate of employee’s NIC is reduced to 8 per cent,...
by support | Jan 10, 2023 | Information, Tax
On 31 January 2023, I am due to attend a tax tribunal with a view to considering whether one of my clients should, or should not, have applied for grant funding from the Government for businesses affected by the Covid pandemic. One of the questions that I hope we will...
by support | Sep 17, 2021 | Tax
This affects everyone who is self-employed, including partners in partnerships. At present, if you are self-employed and your accounting date (that is, your business year-end) is not 31 March or 5 April, your profits are taxed in the tax year in which your accounting...
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...
