by Gary Woosey | Jul 15, 2020 | Tax
The Chancellor, Rishi Sunak, has commissioned a report into the UK’s Capital Gains Tax (CGT) system, it has been announced. The review will be conducted by the Office of Tax Simplification, with a survey being launched, asking for evidence to seek views about CGT....
by Gary Woosey | Jul 8, 2020 | Covid-19, Tax
When the Chancellor, Rishi Sunak, delivered his Spring Budget on 11 March to the packed benches of the House of Commons, the hope was that the economic impact of the Coronavirus outbreak would be ‘V-shaped’, with an immediate bounce back to prosperity....
by Gary Woosey | Jul 7, 2020 | Covid-19, Tax
The temporary VAT cut on personal protective equipment (PPE) will be extended until the end of October, it has been announced. According to the Treasury, the three-month extension will save care homes, charities and businesses an estimated £155 million in tax. The...
by Gary Woosey | Jul 2, 2020 | Tax
Is it cheaper to lease a car through a limited company? It’s a question we’re often asked, but the answer isn’t quite so straightforward. Leasing a vehicle in any shape or form can save you money and improve cash flow by taking the up-front costs and spreading them...
by Gary Woosey | Jul 2, 2020 | Covid-19, Tax
There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements, with many...
