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  • Super-deduction for capital expenditure.

    Super-deduction for capital expenditure

    To encourage companies to invest, enhanced capital allowances are available for expenditure incurred within a limited two-year window. 

  • Gift aid – Beware if your income falls.

    Gift aid – Beware if your income falls

    Where a Gift Aid declaration is made, the recipient charity or community amateur sports club can claim back basic rate tax on the donation.    

  • Claim expenses for additional costs of working from home.

    Claim expenses for additional costs of working from home

    As the 2020/21 tax year draws to a close, many employees will have spent much if not all of the last year working from home. 

  • National Insurance contributions for 2021/22.

    National Insurance contributions for 2021/22

    The 2020/21 tax year starts on 6 April 2021. From that date, new thresholds apply for National Insurance purposes.

  • Self-Employment Income Support Scheme – future grants confirmed

    Self-Employment Income Support Scheme – future grants confirmed

    The UK Government has today announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant.

  • Budget 2021.

    Budget 2021

    A summary of the announcements made by the Chancellor of the Exchequer Rishi Sunak in the 2021 Budget on Wednesday 3rd March 2021.

  • Business interruption insurance – Are pay-outs taxable?

    Business interruption insurance – Are pay-outs taxable?

    Business interruption insurance provides cover for losses as a result of events that close or severely disrupt the business.     

  • IR35 and off-payroll working – what to do from 6 April 2021

    IR35 and off-payroll working – what to do from 6 April 2021

    Are you ready for the changes to IR35 and off-payroll rules coming in on 6th April 2021? Read our short summary of the changes.

  • Time to pay.

    Time to pay

    If you’re struggling to pay tax bills including capital gains tax and class 2 and 4 NICs for 2019/20 you can apply online to defer your payments, but care needs to be taken as to when to apply.     

  • Electric cars from April 2021

    Electric cars from April 2021

    For 2020/21, it was possible to enjoy an electric company car as a tax-free benefit. 

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