Reporting Covid-19 Support Payments on your tax return
If you are self-employed and you received Covid-19 support payments during the pandemic,you may need to report these on your self-assessment tax return.If you are
If you are self-employed and you received Covid-19 support payments during the pandemic,you may need to report these on your self-assessment tax return.If you are
During the Covid-19 pandemic, HMRC paused much of their tax collection work, both to allow resources to be diverted to other activities, such as administering
Open until 31 March 2021, the Governments’ Bounce Back Loan Scheme (BBLS) helped support businesses during the coronavirus pandemic, permitting firms to apply a minimum
The vast majority of businesses pay their tax bills on time however, any that are finding it hard to make payment in full and/or on
Personal allowances may be lost It should be noted that the loss carried back cannot beIt is not uncommon to realize a loss in the early
Family and personal companies are often ‘close’ companies. Broadly, this is one that is controlled by five or fewer shareholders or any number of shareholders
As the Coronavirus Job Retention Scheme comes to an end, employers with employees who are still on furlough will need to decide whether they are
Back in July 2020, the residential stamp duty land tax threshold in England and Northern Ireland was increased to £500,000 to help stimulate the property
A PAYE Settlement Agreement (PSA) enables an employer to meet the tax on certain benefits and expenses on the employee’s behalf. This can be useful
The Covid-19 pandemic has meant that many people will suffer a reduction in income in 2020/21. Not all individuals are eligible for support under the
Reclaim SSP for Covid-19 absences Small employers can now reclaim statutory sick pay (SSP) paid to employees who were absent from work due to the
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