Tenants protection under the Coronavirus Act 2020
September 1, 2020

From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply. A summary of the provisions is set out below:

  • The Coronavirus Act 2020 protects most tenants and secure licensees in the private and...

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Redundancy pay
September 1, 2020

If you are faced with making employees redundant, the terms that determine the amount payable may be written into your staff contracts of employment.

Otherwise, employees will normally be entitled to statutory redundancy pay if they...

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VAT deregistration strategy
September 1, 2020

If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT. However, you do not have to deregister.

Disadvantages and advantages of...

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UK residence and tax
September 1, 2020

Your UK residence status affects whether you need to pay tax in the UK on your foreign income. For example, non-residents only pay tax on their UK income - they do not pay UK tax on their foreign income.

Whereas UK residents normally...

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Claiming the Job Retention Bonus
August 27, 2020

As readers will no doubt be aware the present Coronavirus Job Retention Scheme is due to cease at the end of October 2020. However, there is a bonus claim that certain employers can make next year if they retain employees beyond the...

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Windfall for thrifty teenagers
August 25, 2020

Thrifty teenagers, or rather teenagers with thrifty parents, will soon gain access to their Child Trust Fund (CTFs) savings, and some, may not even know it is there…

 

CTFs were originally set up...

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Clearing myths on student loans
August 20, 2020

Students grappling with the latest A level results will no doubt be faced with decisions regarding student loans to finance their time at university if they chose that option. There are a number of myths surrounding this source of funding and...

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Contractors urged to go green
August 18, 2020

The government is keen to sell its Green Home Grant policy to the building trade. In a recent press release Business Secretary, Alok Sharma, said:

Tradespeople across England are urged to step forward and sign up to be...

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The authorities are not asleep
August 11, 2020

It is tempting to assume that government departments are drawing back from exercising their powers to challenge taxpayers due to COVID disruption, but it would be unwise to assume this is the case. For example, in a recent legal action...

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Tax Diary August/September 2020
August 10, 2020

1 August 2020 - Due date for Corporation Tax due for the year ended 31 October 2019.

19 August 2020 - PAYE and NIC deductions due for month ended 5 August 2020. (If you pay your tax electronically the due date is 22 August...

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