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The recently published Finance Bill 2020/21 introduced the new Financial Institution Notice (FIN). A FIN allows HMRC to legally require banks and other financial institutions to provide relevant details about a specific taxpayer. HMRC will... read more
The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community today, 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken to... read more
I have a question about jointly owned property rental income. My husband and I jointly own a rental property, the income of which we declare 50:50 on our Tax Returns. I have been promoted and... read more
Many clients come to us wanting help in understanding the situation regarding tax on share incentive plans. If your employer offers you company shares, you can receive tax benefits, such as not paying Income Tax... read more
With the existing trend towards working from home accelerated during the Covid-19 lockdown, many people are asking how to save tax working from home because of the additional expenses they may incur. There are two... read more
Yesterday, the Chancellor, Rishi Sunak, announced further Covid-19 support through the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme, and we’ve outlined these below for you.
Coronavirus Job Retention Scheme
The Chancellor... read more
Furlough Scheme Extended
The Chancellor, Rishi Sunak yesterday (12 May 2020) announced significant changes to the Coronavirus Job Retention Scheme, now commonly referred to as the furlough scheme. The scheme had been due to run until... read more
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