Category Archives: Newsletter

June 2020 Newsletter

NEWSLETTER June 2020 Self-employed grants If you are self-employed and your business has been adversely affected by COVID-19 you may be eligible to claim a grant from HMRC of up to £7,500. To qualify for this self-employed income support scheme (SEISS) you must meet all of these conditions: you traded in 2018-19 and submitted your […]

Budget Newsletter 2020

NEWSLETTER Budget 2020 Surcharge on home purchases Stamp duty land tax (SDLT) is payable on the purchase of property in England and Northern Ireland; Scotland and Wales levy their own taxes for property purchases in those countries. The UK government wants to tackle the perceived problem of overseas buyers acquiring homes in the UK which […]

September 2019

TAX BRIEFING September 2019 Trading and miscellaneous income Most businesses start small with a few occasional sales. Only once the trader is convinced that they can deliver the product or service effectively do they launch their business properly. The issue is deciding when trading officially began for tax purposes: was it when the first sale […]

Newsletter June 2019

TAX BRIEFING June 2019 Paying the right NIC Your workforce may include people of all ages from school leavers to those past state pension age, with some working part time or holding down two jobs concurrently. The national insurance contributions (NICs) payable differ, so it is important to get the calculations right. Employers’ NICs are […]