Updated HM Treasury instructions re: CJRS
On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under sections 71 and 76 of the Read more..
Government support for pubs, cafes and restaurants
The government has confirmed a further easing of lockdown as pubs, cafes, restaurants, hotels, hairdressers and cinemas have Read more..
Financial help for debt advisers
The government has announced that an extra £37.8 million will be made available to support debt advice providers during Read more..
Reporting Capital Gains on residential property
The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell a residential property changed from 6 April Read more..
Vehicle MOT dates
The government has announced that mandatory MOT tests for car, motorcycle and van owners in England, Scotland and Wales are Read more..
Trusts and CGT
A trust is an obligation that binds a trustee, an individual or a company to deal with the assets such as land, money and Read more..
IHT exemption for gifts out of income
It is possible for wealthier taxpayers to take advantage of the IHT exemption for gifts and payments that are paid as normal Read more..
Stock valued at net realisable value
One of the acceptable methods to value stock is at the lower of cost and net realisable value (NRV). NRV is broadly defined Read more..
Shielding measures to be relaxed in England from 1 August 2020
From 1 August 2020 onwards, it is intended that the shielding programme will be paused in England so clinically extremely Read more..
What are debits and credits?
You may have come across the terms debit and credit and perhaps wondered exactly what do they mean? Certainly, if you are a Read more..