How will budget changes affect you?

How will budget changes affect you?

The Chancellor, Rishi Sunak, presented his 2021 Budget on 3 March 2021. The extent to which the measures will affect you will depend on your personal circumstances. This report is split for your convenience into three sections: Impact on individualsImpact on the... read more
Options to avoid late payment penalties

Options to avoid late payment penalties

Still owe tax and NIC due to be paid 31 January 2021? Many self-assessment taxpayers will have tax and NIC unpaid for 2019-20 and possibly payments on account for 2020-21. The payments were all due to be settled by 31 January 2021. The rest of this alert sets out how... read more
Bounce Back Loans – Pay as you Grow

Bounce Back Loans – Pay as you Grow

The Treasury is advising banks that operate the Bounce Back Loan scheme to offer a more flexible approach when repayments are due to be made. Pay As You Grow (PAYG) The new conditions, called the Pay As You Grow approach, offer the following concessions: To extend the... read more
Landlords Tax Planning Check List 2020-21

Landlords Tax Planning Check List 2020-21

Opportunities to save tax and increase portfolio net worth Some of the ideas shared in the following check list may provide you with ideas for tax saving opportunities if implemented. This year, more than at any previous time, we need to take advantage of savings as... read more
Business Tax Planning 2020-21

Business Tax Planning 2020-21

Opportunities to save tax and increase business net worth Some of the ideas shared in the following check list may provide you with ideas for tax saving opportunities if implemented. This year, more than at any previous time, we need to take advantage of savings as... read more