In recent years – due to tax changes – it has become more expensive to make termination payments. With redundancies on the rise due to the coronavirus, is it time you understood how termination payments work in 2020? Beyond the human tragedy of COVID-19 is an economic one. Swathes of the UK economy have been […]
Working from home during COVID-19?
Details of how you can reclaim household expenses from the business. On Monday 16 March 2020, Prime Minister Boris Johnson told the public to work from home where possible in an attempt to contain the ongoing coronavirus outbreak in the UK. For more than 1.7 million people it was business as usual, as they already […]
Inheritance tax – considerations during COVID-19
Coronavirus has many people reflecting on their own mortality. So if you have more time on your hands during the lockdown, planning your estate may be a wise way to spend it. Benjamin Franklin observed there are only two certainties in life: death and taxes, and nothing marries the two together quite like inheritance tax. […]
Tax Year 2020/21 is here – your essential briefing
Here’s what you need to know going into the new tax year, viewed through the lens of the current crisis. During the recent upheaval, the days of the week and dates may have taken a backseat to more immediate concerns. We aim to support you looking forward to future plans and responsibilities. Self Assessment Your […]