The Chancellor’s Winter Economic Plan November 2020 update You can find previous month’s versions of our Coronavirus Business Support Guides here. The initial November version, detailing funding and support available for UK businesses due COVID19 can be read in full here An interim update covering the key announcements of 5 November is available here Plus, […]
The Chancellor’s Winter Economic Plan Our original October 2020 Business Support Guide (published 5 October) – available here Our subsequent version of 13 October, with added content covering additional announcements – read it in full here Our current version (26 October), with updated content including information specific to England, Wales, Scotland & Northern Ireland – […]
Navigating the crisis The Coronavirus (COVID-19) pandemic and associated shutdown has significantly affected many businesses. We know you may be suffering in terms of cash flow and face enormous uncertainty about the future for your business. We will do all we can to help you. In this newsletter we have brought together what you need […]
Fuller Spurling’s tax briefing on the 2020 Budget Surcharge on home purchases Help with Statutory Sick Pay during COVID-19 (Coronavirus) NIC allowance & holiday, changes from 6 April 2020 Easing the pension charges – thresholds increase Car & van benefits – changes to electric car savings Entrepreneurs’ relief capped Relief from business rates for […]
Fuller Spurling’s Spring 2020 tax briefing is now available, with guidance and information on the following… Capital Gains Tax (CGT) – pay in 30 days! IR35 off-payroll working rules, 6 April 2020 New NIC thresholds announced ahead of the budget Restricted Employment Allowance, worth up to £3k per year Company accounts & returns – […]
Fuller Spurling’s year-end tax review. Introduction, tax law changes to come? Interest on savings – how to reduce tax you pay by controlling the type of income you receive ‘Max out your state pension’ – have you checked if you’ll qualify for the full state pension? ‘Give & save’ – how Gift Aid donations […]
A lady is an independent mortgage advisor; when does she need to register for VAT? Her turnover is above £85,000 and all her income is either commission, which is paid by UK lenders, or flat fees received from customers seeking a mortgage. In the last 12 months, £75,000 of her turnover was derived from helping […]
Fuller Spurling’s December 2019 tax briefing is now available, with updates and information to keep you up to date with the current tax situation regarding… Capital Gains from off-plan homes following a recent Court of Appeal’s decision Changes to company-car taxable benefits Reporting of Offshore Investments Funds on your Tax Return Making tax digital (MTD) […]
HM Revenue & Customs announced on Friday, 6 September 2019 that the new reverse charge rules for VAT for the building industry have been postponed for a year until 1st October 2020.
Are you a VAT registered building contractor – perhaps working on various construction projects, including new build housing developments and new build commercial developments?
A limited company runs an interior design company. The company rents a small unit for storing stock, but this space is not really suitable for use as an office. The sole director is exploring the possibility of having a home-office erected in her garden.
A sole proprietor hand makes bespoke furniture and has taken a large order from a Norwegian individual for some solid oak furniture