To help ease the financial impact of the coronavirus (COVID-19), the Government has announced that self-employed taxpayers may be able to defer some tax payments without paying a penalty. At present it is possible to: – delay VAT payments due… Read more
From 26 May 2020 onwards, employers can make claims through the Coronavirus Statutory Sick Pay (SSP) Rebate Scheme. This is a new online service and forms part of the package of support measures for businesses affected by the COVID-19 outbreak…. Read more
As the new tax year progresses, now is a good time review some of the tax-efficient savings incentives available which may help maximise potential returns. Help-to-save The Help-to-Save scheme offers working people on low incomes a 50% bonus, rewarding savers… Read more
The government has introduced a temporary tax exemption and National Insurance disregard to ensure that home office equipment purchased by employees as a result of the coronavirus outbreak, will not attract tax and NICs liabilities where reimbursed by the employer. This temporary… Read more
Q. I am thinking of buying a new house that I will use as my main residence. I won’t sell my current home until I move into the new property. Will I have to pay the additional 3% stamp duty… Read more
