19 May

How to Claim Income Tax Relief on Venture Capital Investments

Posted by in Personal Tax
How to Claim Income Tax Relief on Venture Capital Investments

For individuals with disposable income, making Venture Capital investments is growing in popularity, mainly through the Enterprise Investment Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS). Under the schemes, the government is encouraging investment in eligible companies by offering a range of tax reliefs to investors who purchase new shares in those companies. The initial […]

11 March

Extended Loss Carry Back Relief – Limited Companies

One of the proposals that was announced in the Budget was to provide a temporary extension to the loss carry back rules for trading losses of both corporate and unincorporated businesses. This newsletter looks at how the changes will apply to a Limited Company and next week we will be looking at the impact on […]

4 March

The Recovery Loan Scheme

Posted by in UK Businesses

The Treasury has issued more guidance on The Recovery Loan Scheme.  However, many questions remain unanswered. The Recovery Loan Scheme is designed to ensure businesses of any size can continue to access loans and other kinds of finance up to £10 million per business once the existing COVID-19 loan schemes close.   Interestingly, “the finance […]

3 March

The 2021 UK Budget – Our Twelve Key Takeaways

Posted by in News Alerts

The Chancellor, Rishi Sunak, unveiled the 2021 UK Budget in parliament today and there were twelve key takeaways.

14 February

A Guide To VAT On B2B Services From the UK With The EU Post Brexit

We look at the VAT rules on the provision of services from the UK to business customers in the EU.

14 February

How Does VAT Reverse Charge Work?

Under VAT reverse charge, if you are customer, you need to credit your VAT account with an amount of output tax, calculated on the full value of the supply that you have received, and at the same time debit your VAT account with the input tax to which you are entitled, in accordance with the […]

8 February

A Date For The Diary – 3rd March – Budget 2021

On Wednesday 3rd March, Chancellor of the Exchequer, Rishi Sunak will be delivering Budget 2021. Join us for our live Twitter feed, digest of the key announcements and a detailed review.

20 December

2019-20 Personal Tax Payment Plan System Live

How to set up a 2019-20 UK personal tax payment plan by instalments online with HMRC.

6 November

COVID-19 – Business Support – Further Government Support Through to March 2021

Posted by in Uncategorized

The week started with the last-minute reprieve of the Job Retention Scheme for November and ends with the scheme being extended through to March 2021. The Chancellor has announced that, for December and January, the scheme will continue to cover 80% of an employee’s current salary for hours not worked, up to a maximum of […]

2 November

COVID-19 – Business Support – Job Retention Scheme Extended By A Month and More

The original Job Retention Scheme was due to end at midnight on 31st October to be replaced by the Job Support Scheme.  In a dramatic development, literally hours before the deadline, the scheme has been extended to cover the period of the new national lockdown to December.   In addition, the scheme is reverting to […]