Home News Personal Tax

Personal Tax

Chancellor extends furlough and loan schemes

The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages

Read More

IR35 status check failing to deliver results

HMRC's enhanced version of the check employment status for tax (CEST) tool is failing to make a determination for one in five off-payroll workers

Read More

£100 billion savings glut could fuel economic recovery

£100 billion in excess savings built up by UK households during this year's coronavirus (COVID-19) lockdowns could help fuel an economic recovery

Read More

Festive gifts to charity

Over the festive period many people plan to donate to charity rather than give presents.

Read More

HMRC cracks down on marketing of tax avoidance schemes

HMRC has teamed up with the Advertising Standards Authority (ASA) to act against misleading marketing by promoters of tax avoidance schemes.

Read More

Number of CBILS applications to rise

The number of applications for the government's Coronavirus Business Interruption Loan Scheme (CBILS) is set to rise, experts have predicted

Read More

HMRC advisory fuel rates from 1 December 2020

HMRC have published company car advisory fuel rates for use from 1 December 2020.

Read More

Chancellor presents Spending Review

On 25 November Chancellor Rishi Sunak delivered his latest Spending Review to the House of Commons

Read More

HMRC issues warning about Self Assessment scammers

HMRC is warning customers completing their self assessment returns to take care to avoid being caught out by scammers

Read More

Furlough – changes you need to know

The government has now published its official guidance for the Coronavirus Job Retention Scheme, which has been extended until 31 March 2021.

Read More

UK economy rebounds from recession

The UK's economy bounced back from recession with record growth of 15.5% from July to September

Read More

Self-employed sector facing avoidable decline

The self-employed sector is facing a 'long-term but avoidable decline', the Association of Independent Professionals and the Self-Employed (IPSE) has cautioned

Read More

Real Living Wage increases across the UK

The Real Living Wage has increased to £9.50 per hour across the UK.

Read More

Furlough scheme extended to end of March

The coronavirus job retention scheme (CJRS) is to be extended until next March, marking a year of furlough, following the introduction of national lockdowns

Read More

Pensions dashboard delayed to 2023

The government has delayed the introduction of new online pensions dashboards that will enable individuals saving for retirement to view their pension pots in one place.

Read More

Furlough scheme extended for a month

Following the announcement of a month-long national lockdown in England, the Treasury has said the coronavirus job retention scheme (CJRS), due to end on 31 October, will now remain open until December

Read More

Childcare support eligibility extended

Working parents who are on coronavirus support schemes will remain eligible for childcare support even if their income falls below the minimum threshold requirement

Read More

Government outlines plans to protect future of cash

The government has outlined plans to protect the UK's cash system and ensure people have easy access to cash.

Read More

HMRC opens portal for WFH expenses claims

Over 50,000 taxpayers have used a new online portal to claim tax relief for working at home during the pandemic in the first ten days of its operation

Read More

UK Workers to get two-thirds pay if firms told to shut

Chancellor Rishi Sunak has announced that the Job Support Scheme (JSS) will be expanded to protect jobs and support businesses

Read More

How can we help you?

Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.

Contact