CGT Private Residence Relief Changes go Ahead

The latest Finance Bill includes important changes to private residence relief that took effect from 6 April 2020. The first change is to limit to just 9 months the period prior to disposal that counts as a period of deemed occupation and thus exempt from CGT even...

Impact on the High-Income Child Benefit Charge

With many employees and the self-employed being furloughed, being made redundant, or making lower profits, their income for 2020/21 may well fall below the £50,000 limit at which child benefit starts being taxed. The charge is 1% for every £100 that adjusted net...

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. In outline the Self-Employed Income Support Scheme (SEISS) allows the self-employed to claim 80% of their...

Leading a remote team during uncertain times

The uncertainty faced by businesses around the world will test even the greatest managers and leaders. Communicate and then communicate some more Uncertainty produces anxiety throughout your team, other employees, your firm’s customers, suppliers and investors....