In this edition of the PayLessTax newsletter, where powers of attorney have been missed, we look at the appointeeship option, plus review circumstances where VAT registration can be avoided. We shine a spotlight on electric cars as well as looking at a business incentive to help the heroes.
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’.
VAT Deferral Payment Scheme, Construction Industry Domestic Reverse Charge, COVID grants, Self employed Income Support and the Kickstart scheme
The Job Support Scheme, both Open and Closed, will be open from 1 November 2020 and run for 6 months, until 30 April 2021. The government will review the terms of the scheme in January.
The latest updates to the Job Support Scheme, Self Employment Income Support Scheme, Job retention bonus and HMRC Time to Pay Service Extended
The Chancellor Rishi Sunak has announced a package of new measures to support the economy during the Coronavirus pandemic including a new job support scheme, continuing reduced VAT rates, and additional time to pay deferred taxes.
A summary of the most recent changes being made to the Coronavirus Job Retention Scheme (CJRS).
In this Covid-19 Spring edition of the PayLessTax newsletter, we cover off some of the difficult, emotive tax issues concerning dealing with a deceased’s estate pre and post death, the importance of a Will and the need to review it, cash flow planning for the self-employed and, likewise, from a VAT perspective, plus a range of quick fire tips, with the goal to improve the cash position for individuals, families and businesses going forward at a time when finances maybe tight.
On Friday 29th May Rishi Sunak set out more details on how the CJRS and SEISS will continue to support jobs and businesses.
COVID-19 update – Bounce Back Loan Scheme | Coronavirus SSP Rebate Scheme | Holiday Entitlement & Pay
A new 100% government backed loan scheme was announced for small and medium sized businesses – the Coronavirus Bounce Back Loans scheme