This site uses cookies to improve your browsing experience and analyse use of our website. By clicking ‘I accept’ you agree and consent to our use of cookies. You can find out more about our cookies here. Find out more

September 2020

The deadline for paper tax returns is looming...Avoid these common mistakes

The countdown has begun for this years’ paper tax return, a crucial time for around 400,000 taxpayers who are self employed or those that receive other income that requires the submission of a tax return, which is normally rental income, or interest and dividend income that is liable to income tax at more than the basic rate.

The Winter Economy Plan

The Chancellor has made a series of announcements about ongoing support for businesses suffering because of the coronavirus, intended to help them through the winter.

£375,000 Grant Fund Available For Solent SME's

With the continual government guidelines being introduced or changed, many business owners are having to incur expenditure on more or different measures of safety due to COVID-19 having a large influence on how businesses are allowed to operate.

Tax Diary September/October 2020

1 September 2020 - Due date for corporation tax due for the year ended 30 November 2019.  

Tenants protection under the Coronavirus Act 2020

From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply.

VAT deregistration strategy

If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT.

UK residence and tax

Your UK residence status affects whether you need to pay tax in the UK on your foreign income. 

Redundancy pay

If you are faced with making employees redundant the terms that determine the amount payable may be written into your staff contracts of employment.