Covid19: Tax Hikes and what you should do?
Tax – Tax has a long history in the UK, going back to the 13th century. Income tax was the first tax levied on people’s earnings in 1799.
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Beware tax scams
HMRC regularly warn taxpayers to be alert to fraudsters purporting to be from HMRC. It was recently published that in the last year they deactivated more than 20,000 fake HMRC websites, an increase of 29% on the previous year.
Landlords! When does the cash basis apply?
Read this blog post to find out more information on when cash basis applies.
SEISS Grant – Remember, it is taxable!
Read this blog post to find out more information on the self-employed income support scheme (SEISS).
Tax Breaks for Cyclists
Due to the current pandemic many people have been cycling to work to avoid public transport and keep safe.
Rules relaxed on home office expenditure
The government has introduced a temporary exemption in regards to the purchase of office equipment.
VAT for digital publications scrapped
Find out why VAT for digital publications has been scrapped in the most recent Budget.