UK Residential Property Taxes – Changes from 6 April 2020
Landlords and owners of second homes who have to pay Capital Gains Tax (CGT) on the sale of their additional property, now have to report and pay the tax within 30 days from 6 April 2020. Private Residence Relief allows people to sell their main residence without...
Tax relief for working at home
When it comes to working arrangements during the current Coronavirus lockdown, you have two options – continue working from home if you are able or return to the workplace if you cannot work from home and it is safe to do so. Consequently those who can work from...
How will the self-employment income support scheme work?
The Self-Employment Income Support Scheme (SEISS) is a temporary scheme that will enable those eligible to claim a taxable grant worth 80% of their average trading profits up to a maximum of £7,500 (equivalent to three months’ profits) in a single instalment. Given...
Insurance: A practical checklist to help SMEs prepare for returning to work post lockdown
Welcome to our practical checklist to help you prepare your business for what is coming next as we adapt to the implications on our lives, both professionally and personally, due to the coronavirus pandemic and resulting crisis. Here we look at insurance. Use the...