A reported surge* in people wanting to write or amend their wills at the start of COVID-19 (with some legal firms claiming a jump in demand of up to 76%), tells us that the pandemic has sharply focused peoples’ minds on making sure their affairs are in order and that […]
Category Archives: Tax
14
Jul
Jul
Is your company expecting to make a loss as a result of the global pandemic? If so, you may be interested to learn that HMRC has recently updated its guidance relating to repayment of corporation tax based on anticipated losses. Tax repayments are possible where surplus losses made […]
Blog, Business, Tax
HMRC impose compliance and enforcement powers for false Coronavirus Job Retention Scheme claims
13
Jul
Jul
The most basic conditions of the Coronavirus Job Retention Scheme (CJRS) is that your business is / will be adversely affected by Covid-19 and that employees on furlough are not allowed to do any work whilst on furlough. A “snitch line” for false furlough claims has already seen thousands of […]
10
Jul
Jul
If home is where the heart is, homeowners are consistently at the heart of any Budget and last week’s Summer Statement proved no exception. Prior to the Chancellor Rishi Sunak’s announcement last week there were whispers of a Stamp Duty Land Tax (SDLT) slash to be introduced from Autumn […]
25
Jun
Jun
Many of our clients are receiving Self Assessment Statements advising them that the payment due on 31 July 2020 does not have to be made by the due date. As a COVID-19 measure, H M Revenue & Customs announced that they will not charge interest and penalties on non-payment of […]
26
May
May
Former Labour Chancellor Roy Jenkins famously described Inheritance Tax as: “A voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue.” Inheritance Tax is now nearly 35 years old, but the comments made by Jenkins back in the day still hold a kernel of […]
07
May
May
The number of days spent in the UK is integral to the calculation of your UK tax position and the unusual circumstances of COVID-19 mean that some people may be spending more time in the country than normal. Whilst there is no extension to the number of days you can […]
09
Apr
Apr
Robson Laidler’s annual request for tax return information has now been sent to all our personal tax clients. As ever, our Tax Team requests that you please let us have this information as soon as possible. Tax Manager Lorraine Harnby advises: “The sooner we receive the information, then the sooner […]
20
Mar
Mar
As always we endeavour to keep you updated with the latest Government announcements on COVID-19 and how this effects you and your business. The document below lists the properties which will qualify for the 100% relief from Business Rates for 2020/21. Businesses in these sectors will also qualify for the £25,000 grant […]
10
Mar
Mar
Employment Allowance was introduced in April 2014, to support businesses and charities by cutting the cost of employment. Employment Allowance was however introduced the day after Statutory Sick Pay recovery was abolished. The £2,000 annual allowance was increased to £3,000 from April 2016. Employment Allowance is claimed by eligible employers […]