Home News Personal Tax

Personal Tax

Mortgage lenders grant over 1.6 million payment holidays

Mortgage lenders have offered over 1.6 million mortgage payment holidays to homeowners impacted by the coronavirus (COVID-19) pandemic

Read More

Covid-19:New 100% Government backed loan scheme for small businesses.

Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced yesterday.

Read More

HMRC extends CGT reporting deadline

HMRC has confirmed it will not charge penalties for the late reporting of capital gains tax (CGT) on disposals of UK residential property by UK residents made by 31 July 2020.

Read More

Coronavirus Job Retention Scheme set to launch on 20 April

The government's Coronavirus Job Retention Scheme will launch on 20 April, according to HMRC.

Read More

Start of new tax year brings in raft of fiscal changes

The 6 April start of the new tax year saw important fiscal changes come into effect, including the changes to the deadline for sellers of residential property who are liable for capital gains tax (CGT)

Read More

Claim Child Benefit by phone or post, HMRC tells new parents

Parents of new-borns will still be able to claim Child Benefit despite the outbreak of coronavirus, HMRC has announced.

Read More

Covid-19: HMRC clarifies self assessment tax payment deferral

HMRC has now updated its advice for businesses and individuals affected by coronavirus to make clear that the six-month income tax self assessment deferral for payments due in July applies to all taxpayers

Read More

Check if you could be covered by the Coronavirus Job Retention Scheme

If you and your employer both agree, your employer might be able to keep you on the payroll if they’re unable to operate or have no work for you to do because of coronavirus (COVID-19)

Read More

Covid-19: 80% rule salary payments liable for income tax and NICs

Individuals will be deducted income tax and national insurance contributions (NICs) on the 80% salary subsidies paid under covid-19 emergency employment measures for furloughed workers

Read More

Covid-19 – Support for businesses through the Coronavirus Job Retention Scheme

Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis.

Read More

COVID-19 Financial Support for Business

In response to the Covid-19 outbreak the government has released various measures to support business.Brearley & Co will be releasing a series of articles over the coming days

Read More

How to access Government Financial support if you or your business has been affected by Covid-19

On 17 March, the Chancellor announced an unprecedented package of government-backed and guaranteed loans to support businesses

Read More

HMRC to stop sending automatic paper returns for self assessment

HMRC is stepping up its efforts to encourage digital returns by no longer sending automatic paper returns to self assessment taxpayers.

Read More

IR35 reforms delayed until 2021

The government has announced a one year delay to controversial changes to the off payroll working rules, due to be enacted next month

Read More

Budget 2020: measures to help business fight coronavirus

In the first Budget since October 2018, new Chancellor Rishi Sunak has set out a comprehensive set of measures to support business and households through the coronavirus crisis

Read More

Buy-to-let landlords getting cold feet over sector regulation

Buy-to-let landlords have turned negative on their investments due to higher taxes and greater regulation, according to research from property development firm Accumulate Capital.

Read More

Loan charge repayment guidance issued by HMRC

HMRC has published details of proposed legislation for administering refunds to taxpayers who made voluntary payments prior to settling the loan charge.

Read More

HMRC advisory fuel rates for company car users from 1 March

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 March 2020 cutting mileage rates for Diesel and Petrol vehicles with 2000cc or more by 1p per mile

Read More

Government to name and shame minimum wage offenders

The UK government has reintroduced the naming and shaming of employers who fail to pay their employees the National Minimum Wage (NMW) or the National Living Wage (NLW).

Read More

UK fast becoming cashless society

The UK will become a cashless society within the next 15 years unless the government takes action, according to the Access to Cash Review.

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