Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.
TOP-UP TO LOCAL BUSINESS GRANT FUNDS SCHEME
The Government has announced a discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.
HMRC RELEASE DETAILS OF SEISS SCHEME
HMRC update their Guidance on the SEISS scheme: Who can claim? How different circumstances affect the scheme. How much you will get.
CORONAVIRUS: MOTs DUE FROM 30 MARCH 2020
Car MOTs during Coronavirus : Your vehicle’s MOT expiry date will be automatically extended by 6 months if eligible; 7 days before it is due to expire.
New System for Reporting CGT on Property Disposal Started 6 April 2020
A new system for reporting CGT on property disposal and payment on account was introduced for residential property disposals by UK resident taxpayers from 6 April 2020.
CGT Private Residence Relief Changes Go Ahead
The latest Finance Bill includes important changes to CGT private residence relief that took effect from 6 April 2020.
COVID-19 IMPACT ON THE HIGH-INCOME CHILD BENEFIT CHARGE
Lower levels of income might change the position of some families normally liable for the high-income child benefit charge…
MORE DETAILS ON SELF-EMPLOYED GRANT SCHEME
Like the CJRS scheme for employers the initial HMRC guidance on the grant scheme to support the self-employed and members in partnerships was also very sketchy.
NEW FURLOUGH SYSTEM FOR EMPLOYEE WAGES UP AND RUNNING
The Coronavirus Job Retention Scheme (CJRS) furlough system or ‘claims portal’ opened on Monday 20 April
CHANCELLOR EXTENDS FURLOUGH SCHEME TO END OF JUNE
The Coronavirus Job Retention Scheme extended by one month to reflect continuing social distancing measures.
Coronavirus: What Can I Actually Claim?
Coronavirus: What Can I Actually Claim? Condensed info for Limited Company Directors, Self-employed & Partnerships into easy to understand fact-sheets.
Furlough advice for Company Directors
As office holders, salaried company directors are eligible to be furloughed and receive support through this scheme.
HOW TO CLAIM FOR YOUR EMPLOYEES' WAGES THROUGH THE CORONAVIRUS JOB RETENTION SCHEME (CJRS)
The Government recently provided more details on how the CJRS works. Please note the online service you will use to claim is not open yet – we will let you know when it is.
FAQs: Coronavirus Job Retention Scheme
FAQs: Coronavirus Job Retention Scheme: cover the cost of wages backdated to 1 March and is initially open for 3 months, but will be extended if necessary.
The Coronavirus Business Interruption Loan Scheme (CBILS) has been changed
Coronavirus Business Interruption Loan Scheme (CBILS) has been changed: various changes in the existing offering & extension of the scheme to larger companies.
UNIVERSAL CREDIT / BENEFITS CALCULATOR
BENEFITS CALCULATOR: check what benefits you're entitled to, Government recommends using an independent calculator to find out what benefits you could get.