After weeks of speculation, this weekend we heard more indicative news that the Stamp Duty holiday, which saves buyers up to £15,000 on every UK property purchase, is likely to be extended for a further six weeks. Let's consider how this is likely to impact the property mar...
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From 1st March 2021, a new VAT exemption is being introduced by HMRC. This rule applies to businesses in the construction and building sectors. Firstly, this doesn't have any impact on the existing CIS scheme for contractor payment deductions. Many construction businesses us...
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Over the past year, we've seen several deferments and extensions, to help businesses and people cope with the demands of the pandemic, without falling behind with their tax obligations. However, assuming that the self-assessment tax return deadline, which falls on 31st Janua...
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Just as we take our first steps in 2021, many businesses continue to face severe challenges in light of the new lockdown. The news came yesterday of a new raft of grants to the value of £4.6 million, which is both welcome and necessary to support employers and employees ali...
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As we approach Christmas and the end of 2020, many of us will be hoping for a fresh start in the New Year, with a positive outlook after a challenging year for the vast majority of business sectors. However, now that news of Coronavirus vaccines has brought renewed optimism ...
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In the earlier stages of this year, HMRC dialled down compliance checks and follow-ups, as we all worked frantically to adjust to a rapidly changing business landscape. While many employers continue to face restrictions, make use of the furlough schemes, and operate with pos...
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Given the breadth of the chaos caused by the Coronavirus pandemic, it wouldn't be fair to single out a particular industry or sector that has been hardest hit. However, hospitality and housing are unquestionably reeling from the impact. For UK movers, this year has been a si...
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This past weekend saw the announcement we had long anticipated - another lockdown. As well as the return to movement restrictions, the government has announced that the Coronavirus Job Retention Scheme will not end on 31st October 2020 as planned, but will be extended until ...
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So there's a lot to love about this time of year; crispy autumn sunshine, beautiful colours on the trees, hot chocolate... That said, the clocks are set to go back an hour this weekend, and along with the loss of an hour's sleep, a lot of people find the shorter days, earlie...
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As the pandemic rolls on, it seems that the 'second wave' is well and truly here, with new localised lockdowns being announced almost daily. Those financial support schemes first announced back in April have begun to taper out, and so new programmes have been launched to sup...
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