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Monthly Archives: March 2021

New funding for high streets and seaside resorts

The government has announced new measures to support a safe and successful reopening of the high streets and seaside resorts ahead of the summer season. A new £56 million Welcome Back Fund will help councils boost tourism, improve green spaces … Continue reading

Posted in Business

The Finance Bill 2021

An outline of the Finance Bill 2021 has been published and provides the legal framework for changes announced in the recent Budget. We have reproduced below the published text. This is subject to scrutiny by parliament and may change before … Continue reading

Posted in Business

HMRC clarifies furlough queries

HMRC has recently clarified the action you need to take if you have claimed too little or too much under the furlough scheme (Coronavirus Job Retention Scheme). They are published in a FAQ format. Here’s what they say: What if … Continue reading

Posted in Business

What are Super-Deductions?

Most company business owners understand that if you incur a cost that is wholly and exclusively for the purpose of your trade, then it can be deducted from your taxable profits or added to tax losses. Likewise, if companies invest … Continue reading

Posted in Business

Pension pot top-ups before 6 April 2021

The 2020/21 tax year comes to an end on 5 April 2021. As this date approaches, it is prudent to review your pension contributions and consider whether it would be beneficial to top up your pension before the end of … Continue reading

Posted in Business