fbpx

Accounting aspects of government assistance

by | Jun 26, 2020 | ACCA, Covid19

As businesses continue to deal with the significant level of disruption caused by the Covid-19 pandemic, HM Revenue and Customs are sending payments out to employers in respect of the Coronavirus Job Retention Scheme (CJRS) for employees that have been furloughed. For...

Business assets disposal relief

by | Jun 24, 2020 | ACCA, capital taxation

Apart from its name, what else has changed with regards to entrepreneurs’ relief? Since its introduction in 2008, the lifetime limit for entrepreneurs’ relief had steadily increased to £10m until 10 March 2020. However, at Budget 2020 the Chancellor announced...

Tax free childcare scheme

by | Jun 19, 2020 | ACCA, Covid19, personal finance

Comprehensive guidance on the government’s support for childcare. The government’s initiative to support people with the cost of childcare, the Tax-Free Childcare scheme, was opened to all qualifying families in February 2018. Tax-free childcare is not an...