Budget 2021 introduced a new super deduction of 130% on qualifying capital expenditure incurred by companies between 1 April 2021 and 31 March 2023. Qualifying expenditure includes plant, equipment and also fixtures within properties. The Government’s intention is to...
So here we are a year later and what a year it has been. We were introduced to the “Furlough” scheme back in March 2020 and whilst we hoped this would have been a temporary support scheme for Employers, we find ourselves subject to another extension of the scheme...
P11D – Employers return of Directors / Employee’s Expenses and Benefits in Kind It is time to prepare the Forms P11D and P11D(b) for the 2020/21 tax year. The forms are the employer’s responsibility. They are required for directors or employees who are provided with...
Budget 2021 – our roundup of the announcement on 3rd March 2021: In his second Budget and 14th fiscal announcement since succeeding Sajid Javid in February 2020, the Chancellor has attempted to strike a balance between continuing to prop up the businesses worst...
Already the seers are lining up to offer their predications on what will be included in the Chancellor’s Budget 2021 on 3 March. My mantra is always “never prophesy, especially about the future” but as a tax advisor, this has sometimes to be more honoured in the...
Last year I entered our in-house Superbru Football Competition run by our indefatigable quiz captain, Richard ‘Tricky’ Hamilton. One has to predict the Premiership football results each week. I therefore broke one of my deeply held convictions: “never...