Tax relief on loans to close companies
Tax relief on loans to close companies Family and personal companies are often ‘close’ companies. Broadly, this is one that…
Guidance on Self Assessment, personal income tax, allowable expenses, filing deadlines and paying the right amount of tax.
Tax relief on loans to close companies Family and personal companies are often ‘close’ companies. Broadly, this is one that…
Claim tax relief for additional costs of working from home During the Covid-19 pandemic, the advice was ‘work from home…
No retained profits – Can you extract cash to cover your living expenses? If you operate through a limited company,…
Welcome to our round-up of the latest business and Covid-19 news for our clients. Please contact us if you want…
To help meet some of the costs incurred in dealing with the Covid-19 pandemic, the Chancellor announced in his 2021…
Like the CJRS scheme for employers the Self-Employed Income Support Scheme (SEISS) has been extended to September 2021and details of…
Where a Gift Aid declaration is made, the recipient charity or community amateur sports club can claim back basic rate…
Business interruption insurance provides cover for losses as a result of events that close or severely disrupt the business. Policies…
The financial impact of the Covid-19 pandemic is unprecedented and borrowing levels in 2020/21 of 16.9% of GDP represent the…
The basic rate of income tax and higher rate remain at 20% and 40% respectively, and the 45% additional rate…
The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are…
The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline,…
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