Spring Statement 2022

Having stated there would only be one annual Budget the Spring Statement 2022 broke the mold with pressure from the press and public with rising energy and other living costs due to the conflict in Ukraine. He acknowledged the increased costs and inflation which are...

Autumn Budget 2021

It seems like the usual complaint that so much of the detail of the Autumn Budget 2021 has already been released, but the majority of that is of additional spending, with little on the tax consequences. It seemed the majority of the speech was actually blowing the...

Coronavirus support update

As there have not been many changes recently it is a good time for a coronavirus support update. Changes may occur with the government announcement on lockdown easing on 22 February, and the Budget which follows on 3 March. The main areas affecting clients are as...

Filling in a W-8 BEN-E

Filling in a W-8BEN-E form to be able to trade with the US may seem quite a daunting task but having assisted clients with this it can be done reasonably easily with a little perseverance. The US Internal Revenue Service (IRS) is quite prescriptive in it’s...

Job Support Scheme

With fewer businesses relying on the furlough scheme, I had not updated my blog for the Job Support Scheme (JSS), but the national lockdown expected to be announced this afternoon has raised the bar. The JSS Open and JSS Closed schemes which start on 1 November...

30 Day Report and Pay Capital Gains Tax

One of the changes this tax year was to introduce the 30 day report and pay capital gains tax on sale of residential property except for your private residence.  Hopefully solicitors will be advising of this in the process but it is quite tight to report if everything...