Last week, the Chancellor unveiled his long awaited Budget to help the UK get back on its feet. There are wide ranging measures for everybody and we would like to take this opportunity to highlight those that may be of interest to you.

We have prepared a downloadable document which summarises the measures listed below and can be downloaded Here>

  • Employers
    • Furlough Scheme
    • Apprenticeships
    • Employers Allowance
  • Businesses
    • Re-Start Grant
    • Business Loan Scheme
    • Business Rates Holiday
  • Income & Capital Gains
    • Income Tax bands and allowances
    • Capital Gains Tax
  • Business Tax
    • Self Employed Income Support Grant (SEISS)
    • Loss Relief Carry Back
    • Capital Allowances
    • VAT Relief
    • Corporation Tax
  • Housing
    • Stamp Duty Holiday
    • 95% Government backed mortgages

 

Tax Planning

March is also a great time to carry out some personal and business tax planning. In light of the recent Budget if you would like to talk about any of the measures announced or want a meeting before 5th April, please do call Ram Panesar on 01252 375466.

We have put together a short list of common tax planning ideas you should consider before 5th April, which you can download Here>

 

Personal Tax Return

With less than 30 days to the new tax year, now is a great time to start thinking about the information that you need to send to us later this spring. You should have a checklist that we sent to you last year, that would be a useful start as you will be aware of what you had sent to us for the 2020 tax return.

You can download our current checklist for your personal tax return Here>

Remember, the earlier you send us the information, the more time that you will have to prepare for the tax return that may be due.

 

Call us on 01252 375466 for help on any of the above

 

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