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Monthly Archives: May 2021

Company super-deductions and tax increases

One of the more innovative aspects of the recent March budget was the introduction of the rather grandly named super-deduction. Limited companies that invest in qualifying assets in the two-year period 1 April 2021 to 31 March 2023, will be … Continue reading

Posted in Business

New tariff suspension scheme for the UK

To reduce costs for UK firms that import certain goods from abroad, the Department for International Trade (DIT) has announced a new tariff suspension scheme. The aim, according to a recent press release, is designed to make UK companies more … Continue reading

Posted in Business

New rules to curb pension scammers.

The government is helping shut the door on social media scammers trying to plunder people’s pensions under new scam prevention measures due this autumn. Under the plans, suspicious requests could be stopped if pensions savers have been approached to access … Continue reading

Posted in Business

How the lockdown rules are changing from 17th May

Fingers crossed that the present rise of the Indian COVID variant is restricted to localised outbreaks and that the intended relaxation of lockdown will generally go ahead as planned from 17th May. It would be a cruel irony if businesses … Continue reading

Posted in Business

Did you overclaim the SEISS grant?

A reminder that HMRC have set out detailed guidance for the self-employed who may have over-claimed any of their Self-Employed Income Support Scheme (SEISS) grants. The guidance is reproduced below: You must tell HMRC if, when you made the claim, … Continue reading

Posted in Business