by portheras24211 | Dec 1, 2020 | Uncategorised
At the start of the pandemic, VAT registered businesses were given the option of deferring payment of any VAT that fell due in the period from 20 March 2020 to 30 June 2020. Self-assessment taxpayers were also given the option of delaying their second payment on...
by portheras24211 | Nov 25, 2020 | Uncategorised
The Self Employment Income Support Scheme (SEISS) provided help the self-employed whose businesses were adversely affected by Coronavirus. The second payment under the scheme, which was payable from mid-August, was due to be the final payment under the scheme....
by portheras24211 | Nov 10, 2020 | Uncategorised
Pension savings can be tax efficient as contributions to registered pension schemes, attracting tax relief up to certain limits. Limit on tax relief Tax relief is available on private pension contributions to the greater of 100% of earnings and £3,600. This is subject...
by portheras24211 | Nov 2, 2020 | Uncategorised
Following the Prime Minister’s announcement that England will enter a national lockdown from 5 November 2020 to 2 December 2020, the Coronavirus Job Retention Scheme, which was due to come to an end on 31 October 2020, has been extended for a month and will continue...
by portheras24211 | Jul 8, 2020 | Uncategorised
The Chancellor, Rishi Sunak, has announced a number of measures in his Summer Statement in a bid to help the UK economy recover from the worst effects of Coronavirus. Key Points Stamp Duty threshold increased to £500,000 until 31 March 2021VAT for the hospitality...
by portheras24211 | Apr 6, 2020 | Uncategorised
The new tax year started on 6 April. Here are the self-employed tax changes you’ll need to know about for 2020-21, including new self-employed tax rates and thresholds. More time to pay self-employed tax Small businesses and self-employed people across the...
Recent Comments