Latest news
Latest news
Stamp Duty Land Tax Holiday is coming to an end
In the recent Budget, it was announced that the Stamp Duty Land Tax (SDLT) holiday for residential property will come to an end on 30th September 2021. However, the Government will start to taper the rates from the end of June 2021. The current temporary nil rate band...
Property demand hits 10 year high
During March 2021 almost 162,000 sales were agreed (according to Twenty CI data). This is a 77% year-on-year increase from 2020. This figure is the highest that Twenty CI data has ever seen since they started recording data back in 2009. Since the Stamp Duty Land Tax...
Raw material prices look set to remain high
A survey conducted by the Construction Products Association (CPA) has found that price inflation for raw materials will continue to rise for the remainder of 2021. The survey found that housing is leading the economic recovery for the construction sector. But there is...
Self-Employment Income Support Scheme (SEISS) – Fourth Grant now Available to Claim
The Chancellor has announced further support for the Self-Employed, by making a fourth and fifth grant available under the Self-Employment Income Support Scheme (SEISS). The fourth grant, covering the period February to April 2021 will be worth 80% of average profits...
VAT Partial Exemption Changes
To ensure the continuation of fairness HMRC has decided to implement an accelerated process when it comes to VAT Partial Exemptions. This accelerated process will allow businesses to request changes to their VAT Partial Exemption methods due to Covid-19. To submit a...
NHS dental target increased
NHS dental target increased The NHS dental target has been increased from 45% of pre-pandemic activity to 60%. This new target has been active since 1st April 2021. Up until 1st April practices that delivered less than 36% of their pre-COVID activity were subject to...
How to Stay Safe When Working from Home
Staying Safe Whilst Working from Home For many businesses, working from home (WFH) looks like it is here to stay even after the COVID-19 pandemic is over. Companies are typically looking at a hybrid model where staff split their week between home working and working...
ICAEW Publish Updated Guidance on SRA Accounts Rules
The SRA Accounts Rules were last updated in November 2019 and are now more condensed with the focus shifting from prescriptive rules to principles-based regulation. The ICAEW’s Audit and Assurance Faculty have now released TECH 01/21 AAF which provides the latest...
Women in Later Life Divorce
Women face the larger financial burden Divorce can be a very difficult time emotionally and financially for those involved. It can be especially difficult in later life due to the fact that married couples will have built up financial assets together. These joint...