May 14, 2021 | Business Tax
HMRC has confirmed it will accept tax relief claims from people who had to work from home due to the coronavirus during the current financial year. The relief is available to workers who are only able to work from home due to the coronavirus. More than three million...
Apr 9, 2021 | Business Tax
Investment in the UK's manufacturing sector is set to increase as a result of the Government's super-deduction tax break, a report has claimed. Research from manufacturers' organisation Make UK found that 23% of companies plan to raise investment levels because of the...
Apr 8, 2021 | Business TaxPersonal Tax
The Chartered Institution of Tax and Institute of Chartered Accountants of Scotland (ICAS) want "a devolved tax system that is sustainable and fit for purpose". The two tax bodies made the recommendations in response to a poll which found 26% of Scots were "not aware...
Mar 3, 2021 | Business TaxGovernment Announcements
COVID-19 support The furlough scheme will continue in its current form until 30 June 2021, ensuring furloughed workers continue to get up to 80% of their wages for the hours not worked. From 1 July 2021, employers will contribute towards the costs of unworked hours,...
Mar 3, 2021 | Business TaxPersonal Tax
COVID-19 financial support extended Jonathan Geldart, director-general of the Institute of Directors, said: "The extension to the furlough scheme will provide a vital cushion to support jobs as restrictions unwind and firms begin the costly process of rescaling....
