On 26 March the Chancellor Rishi Sunak announced his plans to support the self-employed during the COVID-19 pandemic. In some ways it is very similar to the previously announced Job Retention Scheme. The Self-Employment Income Support Scheme allows self-employed...
Contactless spend limit to be increased; COVID-19 On 1 April the spending limit for contactless card payments will be increased from £30 to £45. This is an attempt to reduce the use of paper money during the COVID-19 pandemic. This decision has been made by the...
Companies House announce 3-month extension available for businesses unable to file their accounts due to COVID-19 The Department for Business, Energy & Industrial Strategy has introduced a 3-month extension available for businesses unable to file their accounts...
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
During this difficult time Hawsons are here to help and support their clients as best they can The Government has announced new measures to help businesses through this difficult time. The first being the tax helpline to support businesses affected by coronavirus. If...
NHS England will protect pharmacies income in the Covid-19 pandemic The CEO of NHS England and the NHS chief operating office have announced that community pharmacies in England will be protected during the COVID-19 pandemic. Guidance on claiming the additional...
Bank of England Update for Businesses and Households During this difficult time for businesses and households, the Bank of England has put together a list of sites where you can find the latest updates from the Government. The following has been circulated by the bank...
IR35 reforms to be delayed until April 2021 There is a little bit of good news. The Chief Treasury Secretary, Steve Barclay, has announced that the IR35 reforms will be pushed back by one year, to help protect the economy from the impact of the coronavirus outbreak....
Entrepreneurs’ Relief – What changes were announced in Budget 2020? Business owners should be aware that the lifetime limit for Entrepreneurs' Relief, a valuable tax relief when selling or liquidating a business, has been reduced from £10 million to £1 million with...
On 26 March the Chancellor Rishi Sunak announced his plans to support the self-employed during the COVID-19 pandemic. In some ways it is very similar to the previously announced Job Retention Scheme. The Self-Employment Income Support Scheme allows self-employed...
Contactless spend limit to be increased; COVID-19 On 1 April the spending limit for contactless card payments will be increased from £30 to £45. This is an attempt to reduce the use of paper money during the COVID-19 pandemic. This decision has been made by the...
Companies House announce 3-month extension available for businesses unable to file their accounts due to COVID-19 The Department for Business, Energy & Industrial Strategy has introduced a 3-month extension available for businesses unable to file their accounts...