Sep 25, 2020 | Budget Statements, Covid-19
The Chancellor, Rishi Sunak, confirmed that there will be no Autumn Budget this year. He also outlined two new measures to support jobs over the coming months. His Winter Economy Plan offers additional support on a number of fronts including the new: A Job Support... read more
Sep 4, 2020 | Budget Statements, Covid-19, Tax
The next Budget is due Autumn 2020, late October or early November, although this may be postponed until Spring 2021 if we have a further spike in coronavirus infections. There has been the usual speculation that taxes will be increased in the forthcoming budget to... read more
Sep 1, 2020 | Covid-19, finance, Tax
The government recently announced an extension to the Self Employed Income Support Scheme (SEISS). The first grant covered a three month period to 13 July 2020. The second grant will cover the three months commencing 14 July 2020. Those eligible for the first quarter... read more
Sep 1, 2020 | finance, Tax
Director/shareholders have a unique position with their companies for tax purposes. Usually, they can decide when and how to withdraw funds from their business, but these withdrawals can have unforeseen tax effects. Salaries and dividends If amounts drawn are salaries... read more