June 2020

Entrepreneur’s Relief Changes
||,
Entrepreneur's relief changes announced in the Spring Budget 2020 announced a significant restriction on future...
continue reading
Mortgage payment holidays and interest relief
||, ,
In March, the Government announced that homeowners struggling to pay their mortgages due to Coronavirus...
continue reading
P45 procedures – When an employee leaves
||,
P45 procedures – What to do when an employee leaves, there are various procedures that...
continue reading
FRS for VAT – Who is it for?
||,
The VAT flat rate scheme (FRS) is used by many small businesses to help simplify...
continue reading
Deferring self-assessment POA
||,
Deferring Self-Assessment POA – Is it a Good Idea? To help those suffering cashflow difficulties...
continue reading
Dealing with directors’ loans
||, ,
For accounting purposes, transactions between a director and a personal or family company are recorded...
continue reading
Calculation of a landlord’s taxable profits
||, ,
As with other sectors, landlords may also be adversely affected by the Covid-19 pandemic. Tenants...
continue reading
Reporting expenses and benefits for 2019/2020
||, ,
Employers who provided taxable expenses and benefits to employees in 2019/20 will need to tell...
continue reading
Reclaim SSP for Covid-19 absences
||, ,
Small employers can now reclaim statutory sick pay (SSP) paid to their employees who were...
continue reading
redundancy pay
How to Calculate Statutory Redundancy Pay
While some help is available to employers through the Coronavirus Job Retention scheme to help...
continue reading