Personal Tax – Budget 2021
March 4, 2021 7:36 am Leave your thoughtsThe personal allowance The personal allowance is currently £12,500. Budget 2018 announced that the allowance would remain at the same...
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Other Matters – Budget 2021
March 4, 2021 6:36 am Leave your thoughtsLand and buildings transaction taxes Land and buildings transaction taxes are devolved to Scotland (Land and Buildings Transaction Tax) and...
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HMRC new deferred VAT payment scheme
February 23, 2021 3:29 pm Leave your thoughtsLast year HMRC allowed the deferral of payment for VAT liabilities due between 20th March and 30th of June 2020....
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The Budget and Covid-19
March 18, 2020 9:48 am Leave your thoughtsThe Budget on 11 March 2020 announced a three point plan in response to COVID-19 designed to support public services,...
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Budget 2020
March 12, 2020 8:42 am Leave your thoughtsThe Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are...
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Capital Taxes – Budget 2020
March 12, 2020 8:36 am Leave your thoughtsCapital gains tax (CGT) rates The current rates of CGT are 10%, to the extent that any income tax basic rate...
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Employment Taxes – Budget 2020
March 12, 2020 8:36 am Leave your thoughtsNational Insurance thresholds The government has recently announced National Insurance thresholds for 2020/21. Most thresholds will rise with inflation. Two...
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Other Matters – Budget 2020
March 12, 2020 8:35 am Leave your thoughtsVAT E-publications The government will introduce legislation to apply a zero rate of VAT to e-publications from 1 December 2020,...
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Personal Tax – Budget 2020
March 12, 2020 8:35 am Leave your thoughtsThe personal allowance The personal allowance is currently £12,500. Budget 2018 announced that the allowance will remain at the same...
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Business Tax – Budget 2020
March 12, 2020 8:35 am Leave your thoughtsCorporation tax rates Corporation tax rates have already been enacted for periods up to 31 March 2021. The main rate...
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