Tax

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Tax | Covid-19: temporary changes to tax-free childcare

The government is temporarily relaxing the eligibility criteria for tax-free childcare and 30 hours free childcare to support working parents during the coronavirus pandemic

14 May 2020

Tax | Covid-19: 64% of SMEs unable to pay deferred tax

Two thirds of SMEs may not be able to pay their deferred tax liabilities in six months’ time, while many are still waiting to access government grants and loans, a poll by ACCA has found

14 May 2020

Tax | New property CGT rules hit buy-to-let sector

From 6 April, new capital gains tax rules will have a significant impact on the amount of capital gains tax paid by landlords, who will now need to pay it within 30 days

12 May 2020

Tax | Q&A: property rental tax points and unpaid rents

In our regular Q&A series from Croner Taxwise, VAT adviser, Tony Chamberlain explores the tax implications of deferring rent payments during the Covid-19 pandemic

12 May 2020

Tax | Covid-19: tax appeal deadlines extended

HMRC has extended the period available for taxpayers to appeal a tax decision by an additional three months, in light of the current pandemic

11 May 2020

Tax | VAT updates: April 2020

In this edition of VAT updates, Graham Elliott considers HMRC’s VAT easements, a suppression of sales case and the challenging concept of fiscal neutrality

11 May 2020

Tax | Food and drink industry face Brexit VAT bill

Now that the UK is in the transition period after leaving the EU, Accordance’s VAT consultant Russell Hughes unpicks the menu of obstacles facing the food and drink sector trading across borders, keeping friction down and wastage low

7 May 2020

Tax | Wealth series: helping clients reach retirement - part 5

Accountants and financial planners must work together for their clients to fulfil their retirement dreams, writes Emma Watson, head of financial planning at Rathbone Investment Management

6 May 2020

Leadership & Management

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Tax | Nunn: HMRC should delay principal home CGT changes

Yvette Nunn, Berkeley Associates director, looks at possible fallout from Covid-19, including capital gains changes for homeowners, help for the self employed and how identifying ‘shopping’ on bank statements could make a difference

6 May 2020

Tax

Business Tax

Image for qa covid 19 small business grants

Tax | Q&A: Covid-19 small business grants

The government has made grants available for small businesses who are currently feeling the pressure of the Covid-19 pandemic, but what are the VAT implications of these grants? Croner Taxwise VAT consultant, Vivienne Scott at explains

5 May 2020

Tax | Covid-19: tax credits unaffected

HMRC has confirmed that anyone unable to work their normal hours because of coronavirus will continue to receive tax credits as usual

5 May 2020

Tax | Covid-19: inconsistent VAT reliefs create business confusion across EU

While deferred VAT payments has been used by governments in Europe to ease the financial burden of struggling businesses in their own countries, an inconsistent approach is creating a confusing picture, argues Accordance’s Andy Spencer

5 May 2020

Tax | Covid-19: £100m VAT cut on protection equipment

Personal protective equipment (PPE) purchased by care homes, businesses, charities and individuals to protect against Covid-19 is to be free from VAT for a three-month period.

4 May 2020

Tax | Tax reform back on agenda in wake of Covid-19

Post-pandemic fallout could see government grasping for tax reforms, but questions remain over how to create a system that is fair, simple and certain, writes Philip Smith

1 May 2020

Tax | Covid-19: scrapping VAT on e-publications fast-tracked

Chancellor Rishi Sunak has fast-tracked plans to scrap VAT on e-books and e-newspapers, bringing the measures in seven months earlier than announced at the Budget, in a boost to readers and publishers during the coronavirus outbreak

1 May 2020

Tax | Opera house loses input VAT appeal over ice cream sales

HMRC has won an Upper Tribunal appeal over a bid by the Royal Opera House to include ice cream and champagne sales at the venue when recovering VAT input tax associated with its production costs

30 Apr 2020