Tax briefing – Spring 2021
April 23, 2021
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Ideal salary for 2021-22 Fourth SEISS grant Free Covid-19 tests for employees IR35 – Off Payroll Working VAT debt paid in instalments Postpones Import VAT
Ideal salary for 2021-22 Fourth SEISS grant Free Covid-19 tests for employees IR35 – Off Payroll Working VAT debt paid in instalments Postpones Import VAT
Corporation tax complexity Super deduction for capital expenditure MTD – Points mean penalties Relief for business losses Frozen bands and allowances Two new SEISS Grants
Third Self-Employed Income Support Scheme (SEISS.3) Report and pay Capital Gains Tax in 30 Days Furlough Extension Christmas Cheer for Employees Nudging to correct the
Self Employed Grants VAT Zero Rates Help with Statutory Sick Pay Grants from Local Authorities Working at Home Expenses CIS Repayments IR35 Rule Changes Deferred
Surcharge on Home Purchases Help with Statutory Sick Pay NIC Allowance and Holiday Entrepreneurs’ Relief Capped Easing the Pension Charges Car and Van Benefits Relief
Trading and miscellaneous income Winding up the company Trivial benefits Planning to sell a home Construction Industry Reverse charge Avoid VAT registration Claiming cashback for
Paying the right NIC Selling a let property Employee travel expenses Best start for new employees Healthy staff are happy staff Changes to IR35 Winding
Employee benefits VAT: Brexit realities MTD facts and fiction Pension health check New VAT rules for building firms Live-in workers Structures and buildings allowances For
Gains from off-plan purchases Pension planning Making tax digital software Retain your entrepreneurs’ relief Termination payments Claw-back of child benefit Travel expenses fro self employed
With Making Tax Digital for VAT around the corner we have decided to demystify some of the most common misconceptions surrounding MTD in the myth-buster
Entrepreneurs’ relief curtailed, Tax exemption for homes clipped, Tax cuts and cliff edges, Rollout of IR35 rules postponed, New capital allowances, Relief for first-time buyers,
Childcare support, IR35, Electric vehicles, Late filing penalties, New rules for termination payments, Prepare to digitise VAT, For information on these issues and more, please
Paying your child from the business, National Minimum Wage and directors, Welsh land taxes, Rent a room relief, Annual tax on enveloped dwellings, Gifts liable
Simple Assessments, NIC for the self-employed, Property allowance, Money laundering regulations, Budget for your tax bills, Paying HMRC, State pension: when to stop, Making tax
Diesel bad, electric goodish, Who can claim the marriage allowance? VAT, MTD and fraud, Changes for companies, Stamp Duty Land Tax help for first-time buyers,