More recent posts
-
Job Support Scheme (JSS) – how do the new post-furlough changes work?
The existing furlough scheme (CJRS) will end in a matter of days, and will be replaced on 1st November by the Job Support Scheme (JSS) which will run…
-
Thinking of selling your business, or de-risking? ….delayed changes to Capital Gains Tax could be a chink of light
Prior to the Chancellor’s recent announcement that he was cancelling his Autumn Statement, it was widely believed capital gains tax (CGT) rates were to be increased to recover…
-
Magma strengthens tax team
Magma Chartered Accountants has announced a new Partner promotion, as well as 3 new recruits, within its very highly reputed tax team. Michelle Andrews becomes the firm’s 5th…
-
HMRC receives letting data from Airbnb
Landlords need to be aware that HMRC will know about their lettings through Airbnb, so should make a full disclosure if they have undeclared Airbnb income. HMRC has…
-
“If at first you don’t succeed………”
“If at first you don’t succeed, try and try again!” – one of those great motivational quotes, never more appropriate than when dealing with HMRC. Over the years,…
-
Chancellor Rishi Sunak unveils further measures to support businesses
Chancellor Rishi Sunak has announced further measures to support businesses covering three main areas: The new Job Support Scheme means that for six months from 1 November the…
-
Stamp Duty Reliefs – little things can made a big difference
With the higher end UK residential property market beginning to fizz again, don’t forget Stamp Duty nuances! There are a range of statutory reliefs from Stamp Duty Land Tax…
-
Accelerated loss relief for companies adversely impacted by Covid-19
The Covid-19 outbreak has had a huge impact on the economy, and in many cases has caused business owners to fall into a loss position. As a result,…
-
Changes to the Coronavirus Job Retention Scheme (CJRS) from the 1st September
Just to remind you that from 1 September the CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed…