This scheme is for lower income earners who cannot work from home and have lost income as a result. This is an NHS Test and Trace Support payment of £500 and applies to employees who are required to self-isolate.
Although the temporary increase in the Stamp Duty Land Tax (SDLT) threshold to £500,000 was aimed at those buying their main residence, it also benefits those buying a second or subsequent property where there is a 3% supplementary charge.
If the draft legislation issued for consultation last year is enacted in the next Finance Act there will be important changes to private residence relief for disposals after 5 April 2020.
In a recent case involving a radio presenter working for TalkSport, it was decided that the presenter would not have been an employee if directly engaged. A key factor was that the the level of control over the presenter fell far below the sufficient degree required to demonstrate a contract of service.
Gifts and awards of shares in companies, often known as employment related securities (ERS) are commonly used by employers to
Tax planning to minimise the high income child benefit charge The substantial increase in the higher rate threshold to £50,000
Extracting profit from the family company The start of the new tax year means that shareholder/ directors may want to
Land and Buildings Transactions Tax is the Scottish equivalent of Stamp Duty Land Tax. For residential properties, the rates and
The Annual Investment Allowance (AIA) which provides businesses with a 100% write off against profits when they acquire plant and
The Chancellor has announced that the minimum qualifying period for CGT entrepreneurs’ relief will be increased from 12 months
What is missing trader fraud? Missing trader fraud involves a ‘missing’ or ‘defaulting’ trader who deliberately fails to pay its
