10 September

Tax Relief Available to Employees Working From Home Due to COVID-19

Tax relief is available to employees who are required to work from home on a regular basis for some or all of the week on the additional costs that they incur.  However, you cannot claim tax relief on these costs if your employer has either directly reimbursed your expenses or paid you an allowance to […]

8 September

UK Government Announces Tax Rises to Cover Additional Funding for NHS and Social Care

The Prime Minister has announced to parliament plans to tackle the backlog of procedures in the NHS, to reform adult social care and to align the health and social care systems.   To raise the £36 billion that these programmes will require over the next three tax years, a number of tax increases will come […]

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 […]