Coronavirus
Coronavirus is a worldwide pandemic that is affecting millions of individuals and businesses. These are uncertain and unprecedented times and as the spread of Covid-19 continues, we want to support you, our clients, the best we can. Hopefully a brighter future lies ahead with the roll-out of the vaccine now taking place.
We will be posting updates on this page as soon as the UK Government announces any new measures to tackle the virus and support you and your business.
Latest COVID-19 update
Coronavirus restrictions remain in place. Find out what you can and cannot do.
(COVID-19) Coronavirus restrictions: what you can and cannot do – GOV.UK (www.gov.uk)
Pension rules ‘cause confusion’ for higher earners
Tapered allowance applies to individuals earning over £150,000.
Over-65s face social care timebomb
ABI proposes tax exemptions to support self-funding.
Tax receipts increased by 4.8% in 2018/19
Almost £623 billion was collected last year.
Over-60s earnings income on the rise
Employment rates for older individuals ‘likely to continue rising’.
Tax gap rises to £35 billion
‘Failure to take reasonable care’ is the biggest factor in unpaid tax.
New measures to prevent late payments
Large businesses could be fined for poor payment practices.