The UK has now formally withdrawn from the EU and has until 31 December 2020 to agree new trade arrangements. At present, it is not possible for businesses to move goods into or out of the EU single market without … Continue reading
Small and medium builders to benefit from £1 billion housebuilding boost
Housing Secretary, Robert Jerick MP, has announced £1 billion in new loans to small and medium-sized builders to help them deliver new homes, under the banner of the British Business Bank’s ENABLE Build Programme. The Government has a target of … Continue reading
More than 1.3 million businesses are signed up to Making Tax Digital for VAT as soft landing ends
Since the implementation of Making Tax Digital (MTD) for VAT in April 2019, more than 1.3 million businesses with a turnover of £85,000 or more have been making quarterly digital returns to HM Revenue & Customs (HMRC) using compatible software. … Continue reading
New 30-day Capital Gains Tax deadline set to come into effect
The deadline for reporting and paying Capital Gains Tax (CGT) arising from the sale of a residential property is set to be shortened drastically in April. Under the current rules, landlords and investors, as well as people who previously used … Continue reading
Budget 2020
Budget summary When Philip Hammond delivered the last Budget 499 days ago, in the midst of the Brexit negotiations, he could not have imagined that the next Budget would be dominated by the spread of a lethal contagion. Nor is … Continue reading
