Time To Pay limits increased

One of the measures announced by HMRC at the start of the coronavirus pandemic was the introduction of emergency measures to help tax payers affected by COVID-19 to use the Time To Pay service.

Businesses and self-employed people in financial

Donating land, property or shares to a charity

There are special rules in place for taxpayers who gift land, property or certain shares to charity. This can include Income Tax and Capital Gains Tax (CGT) relief provided all the necessary conditions are met. There is no Income Tax relief on

Companies House warn of delays in postal submissions

Company filing deadlines were extended for companies with filing deadlines between 27 June 2020 and 5 April 2021.

Companies House is warning of delays in postal submissions and have said it is taking much longer than usual to process paper

Are your construction clients ready for reverse charge changes?

New VAT rules for building contractors and sub-contractors come into effect from 1 March 2021. The new rules will make the supply of construction services between construction or building businesses subject to the domestic reverse charge. The reverse

New three-tier COVID-19 alert levels

On 12 October, the Prime Minister announced the introduction of a new three-tier system of local COVID-19 alert levels across England. The new system sets the levels at medium, high and very high based on local transmission rates. The legislation to

Applying for Green Homes Grants

Home owners and landlords in England can apply for a grant to make their home more energy efficient. The Green Homes Grant will cover at least two-thirds of the cost up to £5,000 per household. For low income households these grants will cover all

Students warned of tax scams

HMRC is warning new students starting university that they could be targeted by scammers trying to steal their money and personal details.

As new students start the academic year they can be particularly vulnerable to tax scams. Coupled with an

New Freeports to cope with Brexit

The government is moving ahead with plans to build free trade zones – known as Freeports – across Britain after Brexit. Freeports are a special kind of port where normal tax and customs rules do not apply. In their place, simplified customs