With the announcement of another national lockdown, the furlough scheme has been extended for a further month from 1 November until 2 December. The extension of financial support under the Coronavirus Job Retention Scheme (CJRS) is the same as that given for August, with employees receiving 80% of their salary Read More...

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 of Covid-19 support measures, the first serious clue to a possible Autumn Budget delay emerged Read More...

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 no longer a matter of  simply ignoring emails offering tax refunds. Recent scams have targeted Read More...

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 answer is just 256,000, according to the latest provisional figures from HMRC – 9,000 fewer than in Read More...

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 by Markus Winkler on Unsplash Read More...

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 many gifts from HM Government, so it’s worth repeating something you’ve no doubt already heard Read More...