Latest News
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VAT deadline imminent
VATIf a business has used the VAT deferral scheme in 2020 they have less than two weeks to make their intentions for repayment known. What do they need to do and what are the consequences if they miss the cut-off?
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Conditions for super-deduction revised
Business TaxThe “super-deduction” is a new tax incentive for businesses to purchase equipment. The qualifying conditions have now been relaxed to allow the tax break for some previously excluded items. What’s the full story?
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Unfairly dismissed for refusing to accept changes to employment terms
Employment lawAn employment tribunal has considered the case of a solicitor who was unfairly dismissed for refusing to agree to changes to her employment contract which were part of her employer’s response to the coronavirus pandemic. Why did it decide the dismissal was unfair?
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Holiday let landlords unable to carry back losses
Business TaxThe current Finance Bill was published on 11 March 2021. However, some changes have been made during its passage through Parliament. Why is one subtle change bad news for owners of furnished holiday lets?
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HMRC wins big in “tax on gifts” case
Personal TaxBernie Ecclestone’s lawyer faces a massive tax bill following the First-tier Tribunal’s (FTT’s) ruling that sums he received as gifts were income. What made the FTT decide the payments were taxable?
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New “We Offer Testing to our Staff” scheme launched
Business Tax, Employment lawThe government has launched a new “We Offer Testing to our Staff” endorsement scheme to allow businesses to easily show that they are testing their staff regularly for coronavirus. Where can more information about it be found?