Monthly Archives: February 2020
Budget predictions 11 March 2020
Following the resignation of Sajid Javid last week, there has been much speculation on how this will affect the direction of the budget to be presented to parliament next month. Rishi Sunak, who replaces Sajid, is stepping into the Chancellor’s … Continue reading
Breathing space for those in debt
In a recent news story published to the Government website it was announced that a new breathing space period will freeze interest, fees and enforcement for people in problem debt, with further protections for those in mental health crisis treatment. … Continue reading
Tax-free gifts
There are certain gifts you can make that will not create a capital gains tax (CGT) charge, but care should be taken as there are exceptions. This article outlines some of the more common issues that need to be considered. … Continue reading
Do you have a furnished holiday lets business?
Most property owners who let property under the Furnished Holiday Let (FHL) tax rules, submit their income and expenditure details on their tax return each year. This article considers occupancy, and the need to review occupancy of FHL properties each … Continue reading
Tax Diary February/March 2020
1 February 2020 – Due date for Corporation Tax payable for the year ended 30 April 2019. 19 February 2020 – PAYE and NIC deductions due for month ended 5 February 2020. (If you pay your tax electronically the due … Continue reading
