by Alastair Wood | Oct 5, 2020 | Uncategorised
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...
by Alastair Wood | Sep 30, 2020 | Uncategorised
The Chancellor announced the Coronavirus Winter Economy Plan which aims to support businesses over the winter period as restrictions are once again being increased. The official Budget has been postponed until next year in view of current uncertainties. The current...
by Alastair Wood | Jun 15, 2020 | Uncategorised
As the part time furlough scheme comes in to encourage employers to get their staff back into the workplace, there are a number of changes which were announced by the government on 12 June. Effectively this is a brand new Coronavirus Job Retention Scheme (CJRS)...
by Alastair Wood | Apr 28, 2020 | Uncategorised
The Bounce Back Loan Scheme was announced by the Chancellor on 27 April after some pressure from small businesses who were unable to access the Coronavirus Business Interruption Loan scheme (CBILS), backed by small business organisations like the FSB. The new scheme...
by Alastair Wood | Mar 27, 2020 | Uncategorised
Finally the government have announced a coronavirus self-employment income support scheme to assist those not in PAYE employment. The scheme will pay a taxable grant of 80% of your average profits of the last 3 years for the next 3 months, and this will be...
by Alastair Wood | Mar 25, 2020 | Uncategorised
There is much confusion about the Coronavirus Job retention scheme and the terms under which it can be operated. The questions that need clarifying are: What is a furloughed workerDoes it apply to directors tooHow much do I need to pay themWhat do I declare to...
