Blog

HMRC have announced a temporary extension of loss relief carry-back for both companies, sole traders and partnerships, as many businesses across the UK are likely to make losses in the 2020-21 tax year due to... read more

The SEISS claims portal reopened on Monday 30 November, but the new SEISS conditions mean that taxpayers must declare their trade has been impacted by reduced demand before they claim the third grant. In order... read more

Business Support Measures The Prime Minister, Boris Johnson speaking at a press conference on Saturday night, 31 October 2020, confirmed widespread expectations of a second national lockdown in England to help stem the growing resurgence of... read more

It is likely that anyone who has not paid tax on Airbnb lettings is about to be found out. Airbnb's own UK accounts for the year to 31 December 2019 include a statement that the... read more

HMRC announced in July how they were going to penalise taxpayers who misused the SEISS grant. They are asking people to take a close look at the claim they made and review whether the claim... read more

The second Self-Employment Income Support Scheme grant is now open. If you’re eligible and your business has been adversely affected by Covid-19 on or after 14 July 2020, you must make your claim for the... read more

HMRC will this week start contacting people who may be eligible for the new Self-Employment Income Support Scheme (SEISS) telling them to be ready to claim when the portal opens next week. The process is intended to... read more