THE LOST TAX RELIEF FOR PARTNERS’ EXPENSES As a partner you could be missing out on claiming relief for your personal homeworking expenses, with COVID-19 throwing a spanner in the works, and with an increase in working from home you may be incurring more expenses that...
Further Funding Available for CharitiesRegistered charities will be able to apply for a grant of between £500 and £20,000 if they meet certain criteria. The grant will be funded by the People’s Postcode Lottery, applications opened on 4 August and will close on 19...
Law Firms Confidence Increasing over Long-Term Workload It may come as a surprise to some that a recent report has suggested that, even in this difficult economic period, a third of law firms remain confident about their future workloads. These firms believe the...
Community pharmacies that meet certain requirements will be entitled to claim additional funding of £1,630 per contractor through the Pharmacy Quality Scheme. There are 14 requirements that pharmacies will need to meet to be eligible the Pharmaceutical Services...
Manufacturing Update: How has the coronavirus pandemic affected the manufacturing sector? Introduction In this article, we will be covering how the coronavirus pandemic has affected the manufacturing sector. We will be using data from the Make UK’s...
Rishi Sunak announces £2bn home insulation scheme The Chancellor has announced a £2bn grant scheme for homeowners for energy-saving home improvements, this is part of a wider £3bn project to cut emissions. The Treasury has said that this funding would help...
Government announce stamp duty holiday Stamp duty is paid on the purchase of a property. The rules of stamp duty are slightly different across the 4 countries of the UK. Stamp Duty Land Tax is paid in England and Northern Ireland. Land and Building...
The Prime Minister has announced an immediate £5bn package of capital investment in infrastructure projects. Confirming that the Government is investing in the construction sector to accelerate the economy’s recovery from the coronavirus crisis. This funding should...
Hospitality Sector to reopen from 4 July From 4 July the 2m social distancing will be relaxed. The prime minister Boris Johnson has said that people should keep a distance of “one metre plus”. Hospitality The Prime Minister also announced that the hospitality...
VAT deferment period closes on 30 June - Reinstate your direct debit! In March, the Chancellor announced that businesses could defer VAT payments due between 20 March and 30 June 2020 until 31 March 2021. This temporary change to the payment dates was introduced to...
Deadline for SDLT extended for main residence disposals In 2016 the Government introduced a 3% surcharge on purchasing second homes. If you buy a new home and your previous home has not sold at the time of the purchase, this charge applies. But it is possible to claim...
Coronavirus: R&D Tax Relief could give your business a cash boost Tax savings and cash flow are more important than ever right now. As companies look for new sources of cash to replace lost revenues, we are seeing an increase in the number of enquiries about...