So, the Autumn Budget has been pushed into spring 2021, with tax rises on the cards. What should we expect in the Spring Budget? With intense speculation around tax rises to pay for the raft…
HMRC Related Scamming On The Rise
Given the amount of Covid-19 financial assistance available, it comes as no surprise that there is an increase in HMRC-related scams this year. What is worrying is that scammers have become more sophisticated; it is…
Pop Quiz on Capital Gains Tax
HMRC has published some interesting research into capital gains tax (CGT). Here are three CGT questions for you to ponder: How many individuals made enough capital gains in 2018/19 to face a CGT bill? The…
ICO Publishes Detailed Guidance on Subject Access Requests
Following a recent consultation (December 2019), the Information Commissioner's Office has published its new detailed guidance on the Right of Access, Click here for further information on the background to the changes and modifications. Photo…
Covid related VAT reduction extended to 31 March 2020
The temporary reduced standard VAT rate of 5% for the tourism and hospitality sector was due to end on 12 January 2021, but has now been extended to 31 March 2021. You don't get that…
Bounce Back Loan Scheme Extended
The application date for the Bounce Back Loan Scheme (BBLS) has now been extended to 30 November, and the loan repayment process made more flexible. To date, the BBLS has provided more than a million…
Chancellor Unveils Winter Economy Plan
The latest pandemic support measures are much less generous than before. Despite cancelling this year's Autumn Budget, Rishi Sunak has still made an early autumn appearance before the House of Commons to announce his ‘Winter…