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HMRC News Archives - Page 2 of 8 - Care Accountancy

December 22, 2020

The government must extend SEISS Self-employment Income Support Scheme to fulfil their commitment with employed workers, says IPSE. Chancellor Rishi recently announced the extension of the coronavirus (COVID-19) Job Retention and loan schemes from March until April 2021. IPSE welcomed this announcement. However, it claims that self-employed workers have received less comprehensive support from the...

December 2, 2020

The experts have predicted a rise in the number of CBILS applications. The government’s Coronavirus Business Interruption Loan Scheme (CBILS) supports small businesses that have lost capital due to covid-19 outbreak. The finance lender MarketFinance recently surveyed 5,000 UK companies, employers with a minimum turnover of £250,000. The lender conducted the study in November 2020...

November 2, 2020

Treasury has announced the extension of the Coronavirus Job Retention Scheme (CJRS) until December, with furloughed employees set to receive 80% of their salary for hours not worked and businesses asked only to cover national insurance and employer pension contributions. Prime Minister Boris Johnson announced a new national lockdown for England on 31 October. The...

October 28, 2020

Business Asset Disposal Relief (BADR) previously known as Entrepreneurs’ Relief (ER)   Business Asset Disposal Relief was known as Entrepreneurs’ Relief before 6 April 2020.   BADR/ER provides a beneficial 10% Capital Gain Tax rate on the first £1 million of eligible gains per individual (which is tested on a lifetime basis). The Budget 2020...

October 27, 2020

Share Purchase – A Case Law TC07052: Bostan Khan – First Tier Tribunal March 2019 Scenario: CAD Ltd was in the business of an employment bureau for consultants. Mr Khan was an accountant in practice and prepared the management accounts for CAD Ltd. There were a number of disputes between the shareholders of the company...

October 26, 2020

Chancellor announced increases in financial support for businesses yesterday to support businesses affected by COVID restrictions. Sunak highlighted that the current three-tier approach to introducing lockdown measures was ‘the right way to control the spread of the virus’. However, he acknowledged that ‘even businesses which remain open face profound economic uncertainty.’ So far, enhanced support...

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CareAccountancyOffices
94 Street Lane, Leeds
9 Sheaf Lane, Coventry Road, Birmingham
OUR LOCATIONSWhere to find us
https://careaccountancy.co.uk/wp-content/uploads/2019/04/img-footer-map.png
GET IN TOUCHCare Accountancy Social Links
Taking seamless key performance indicators offline to maximise the long tail.

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Copyright by CareAccountancy. All rights reserved.