Certain Property Business Owners are Liable to Class 2 NICs
Date posted: 4th Sep 2020
Class 2 National Insurance Contributions (NICs) are currently paid at the rate of £3.05 per week by self-employed earners. A person who is liable to Income Tax on…
Date posted: 4th Sep 2020
Class 2 National Insurance Contributions (NICs) are currently paid at the rate of £3.05 per week by self-employed earners. A person who is liable to Income Tax on…
Date posted: 3rd Sep 2020
HMRC’s CJRS fraud reporting portal had received over 2,000 reports of wrongful claims. Examples of such wrongful claims include; Claiming furlough payments for staff who are continuing to…
Date posted: 27th Aug 2020
It is important to remember that when making a claim for research and development tax relief, HMRC will expect that you will provide sufficient information for them to…
Date posted: 14th Aug 2020
As you may be aware HMRC have had to reallocate staff to deal with the myriad of Corona Virus support schemes. This has resulted in them being behind…
Date posted: 14th Aug 2020
As the UK officially enters a recession, we take a look at what tax planning opportunities may be available for individuals and businesses. A few potential ideas are…
Date posted: 14th Aug 2020
HM Revenue & Customs (“HMRC”) have started to issue letters to clients and their representatives in relation to unreported overseas income. HMRC are clearly concerned that individual’s are…
Date posted: 14th Aug 2020
The Court of Appeal has recently ruled that certain modified vans are regarded as cars for tax purposes, rather than vans. This follows on from the original tribunal…
Date posted: 10th Aug 2020
100% grant support opportunity for North East LEP area businesses SMEs based in the North East LEP area (County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and…
Date posted: 6th Aug 2020
When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a…
Date posted: 6th Aug 2020
There has been a lot of speculation in the Press that the Chancellor may introduce radical changes to capital gains tax to start to repay the substantial Government…
