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Defer VAT during the COVID-19 pandemic

April 2020

Defer VAT during the COVID-19 pandemic To help businesses struggling with their cashflow during the COVID-19 pandemic, VAT registered businesses can opt…

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Help for the self-employed during the COVID-19 pandemic

April 2020

Help for the self-employed during the COVID-19 pandemic The self-employment income support scheme (SEISS) provides financial help to self-employed traders and partners…

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Profit extraction in 2020/21 – What is the optimal salary?

April 2020

Profit extraction in 2020/21 – What is the optimal salary? A popular tax-efficient profit extraction strategy used by personal and family companies…

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Claiming the National Insurance employment allowance for 2020/21

April 2020

Claiming the National Insurance employment allowance for 2020/21 The National Insurance employment allowance is available to eligible employers and can be set…

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Making tax-free payment to employees working from home

April 2020

Making tax-free payment to employees working from home As a result of the Coronavirus (COVID-19) pandemic, many workers have been forced to…

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Cars and vans – What’s new for 2020/21

April 2020

Cars and vans – What’s new for 2020/21 There are a number of changes that apply from the start of the 2020/21…

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Covid-19: Business rate help for smaller businesses

April 2020

As the Government’s response to the Covid-19 pandemic evolves, various measures have been announced to help business struggling to cope with the…

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Annual investment allowances

April 2020

Annual investment allowances From January 2019, businesses considering investing more than £200,000 in plant and machinery may benefit from a change to…

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Running a business from home

April 2020

Running a business from home Small businesses can choose to be taxed on the basis of the cash that passes through their…

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Take advantage of interest-free loans

April 2020

Take advantage of interest-free loans Employers can offer employees a tax-free cheap or interest-free loan of up to £10,000 per year. Subject…

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