Blog
Coronavirus Update - 1 June 2020
Last week, the Chancellor Rishi Sunak announced updates to the Coronavirus Job Retention Scheme and the Self Employment Income Support Scheme.
Chancellor extends furlough scheme until October
Yesterday, the Chancellor Rishi Sunak announced the extension of the Coronavirus Job Retention Scheme (also known as the Furlough scheme), to the end of October.
Coronavirus: Bounce Back Loans Announced for Small Businesses
The new Bounce Back Loans scheme is expected to launch on 4th May, offering businesses loans up to £50,000 within days of applying.
Tolley's Taxation Awards Finalists
We are absolutely delighted to be shortlisted as finalists in the Best New Tax Practice category of the Tolley's Taxation Awards for the second year in a row!
Coronavirus - Where are we now? Updated 27 March 2020
In the first of our updates regarding government support to businesses and individuals in light of Covid-19, we take a look at the measures announced so far and what other measures are likely to come into place in the near future.
Budget 2020 - Tax Update
We outline the key tax updates from the latest Budget which impact individuals and businesses.
General Election 2019 - Tax Proposals
With voting day fast approaching, we take a look at the key areas of the 3 main parties’ tax proposals.
How does Inheritance Tax work?
We take a look at some of the main principles of Inheritance Tax.
An Introduction to Tax Efficient Investments
We take a look at some of the main tax efficient investments and investment vehicles in the UK.
Property Capital Gains Tax changes from April 2020
We take a look at the main changes to Capital Gains Tax on property that are scheduled to come into effect from April 2020.
Tax Deductions for Working from Home
We take a look at the allowable deductions self-employed individuals and company directors can claim against their profits when they work from home.
Rental Property Tax Deductible Expenses
We provide an outline of some of the tax deductible expenses for rental property landlords can claim.
Tax Relief on Pension Contributions
Pensions are a potentially very tax efficient form of long-term saving, with contributions attracting up to 60% tax relief in the right circumstances.
Tax on electric cars and low emission vehicles
We explore the tax treatment of low emission vehicles, and look at the tax position for both businesses and employees.
Barristers: Sole Trade or Limited Company Pros and Cons
We explore the main pros and cons of setting up a limited company for barristers
Tax Benefits of Donating to Charities
We explore some of the tax benefits associated with giving to charity, for both individuals and for companies.
Cryptocurrency and tax – Where are we now?
Cryptocurrency has been around for a few years now, and has recently made headlines again with Facebook recently announcing Project Libra. We explore the current tax treatment of crypto in the UK.
What expenses are tax deductible as a barrister?
We provide an outline of some of the expenses barristers can deduct from their trading income for tax purposes, some expenses that are specifically not allowable, and also provide some further information.
Mortgage interest restriction (aka section 24) - How to mitigate the tax liability
Are you affected by the restriction on mortgage interest relief (aka section 24) on your rental income? Find out how the restriction works, what effect it has and most importantly what can be done to mitigate its impact on your tax liability.
New website!
We have been a bit quiet on the web recently, as we have been revamping our website to better communicate what it is we stand for, what we do, how we do it and what we specialise in.
Please do have a look around!