by admin | Jul 6, 2021 | Business, Tax, Tax Planning
The Extended Loss Carry Back measure announced at Budget enables companies to make claims to carry back losses for a further two years than current rules allow. This temporary extension applies for losses arising in accounting periods ending between 1 April 2020 and...
by admin | Oct 7, 2020 | Accountancy, Business, HMRC, Self Employed, Tax, VAT
Job Support Scheme A new Job Support Scheme will be introduced from 1?? November to protect jobs where businesses are facing lower demand over the winter months due to coronavirus (COVID-19). Under the scheme, which will run for six months, the government will...
by admin | Jun 30, 2020 | Business, Self Employed, Tax, Tax Planning
HMRC have begun to send out statements in advance of the 31st July 2020 payment on account. As part of the Covid-19 assistance to individuals, the government allowed the July payment on account to be deferred until January 2021. If you receive a statement from HMRC,...
by admin | Mar 10, 2020 | Albert's Knowledge Share, HMRC, Self Employed, Tax
Employees are required to pay income tax on any benefits that they receive from their employer. The benefit in kind for company cars is calculated based on the car’s C02 emissions and the list price of the vehicle. From 6 April 2020, the benefit in kind for fully...
by admin | Dec 12, 2019 | Albert's Knowledge Share, Business, Self Employed, Tax
£150 per head for annual functions Annual : meaning that it must be an event that happens every year. If you don’t generally have a Christmas party but decide to say celebrate 10 years in business then this would not satisfy the rules of the exemption. £150 per...
by admin | May 14, 2019 | Accountancy, Cumbria, Tax
New partner at Robinson Udale Daniel Roper – BA (Hons), CA Danny joined Robinson Udale in April 2019 as a partner with 11 years in-practice experience. Danny graduated from Northumbria University in 2008 with a degree in accountancy and joined a top four firm...
