Supreme Court backs small firms on business interruption claims

Feb 04, 2021

The UK's Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.

The test case was brought against insurers by the Financial…

Read more

Government urged by CBI to act on COVID business support ahead of Budget

Feb 04, 2021

The Confederation of British Industry (CBI) has urged the government to provide more financial assistance to businesses affected by the coronavirus (COVID-19) pandemic ahead of the Budget on 3 March…

Read more

LITRG calls for a rise in the High Income Child Benefit Charge threshold

Feb 04, 2021

The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first time in April…

Read more

Bonus of £1,000 to help businesses take on trainees

Feb 04, 2021

The government has announced that employers can now apply for a £1,000 bonus, a cash boost, to help them take on new trainees.

The new scheme will support young people to gain the skills and…

Read more

Scottish Land and Buildings Transaction Tax

Feb 04, 2021

As part of the Scottish Budget, Finance Secretary Kate Forbes also announced changes to Land and Buildings Transaction Tax (LBTT) which apply from 1 April 2021.

The Scottish Government's stated…

Read more

Scottish Budget Income Tax

Feb 04, 2021

Finance Secretary Kate Forbes delivered the 2021/22 Scottish Draft Budget on Thursday 28 January 2021, setting out the Scottish Government's financial and tax plans.

The Government has devolved…

Read more

10.7 million taxpayers submitted their 2019/20 Self Assessment tax returns

Feb 04, 2021

HMRC has revealed that more than 10.7 million taxpayers submitted their 2019/20 Self Assessment tax returns by the 31 January deadline.

The remaining 1.8 million whose tax return is now late…

Read more

Rogue employers named and shamed for failing to pay employees the minimum wage

Feb 04, 2021

HMRC has published the names of 139 named companies that failed to pay minimum wages amounting to £6.7 million to over 95,000 workers.

HMRC has named 139 companies, including major household…

Read more

Self-Employment Income Support Scheme

Jan 06, 2021

HMRC is advising the self employed that the Self-Employment Income Support Scheme (SEISS) has been extended. Taxpayers who were not eligible for the first and second grant will not be eligible for the…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up