Inheritance tax planning
Inheritance tax planning in 2020/21 Oxon accountancy provides Inheritance tax planning in Abingdon, Oxfordshire, Oxford, London, Didcot, England, Slough, Birmingham, Southampton and Bristol area. What to consider during the COVID-19 lockdown. Coronavirus has many people reflecting on their own mortality. So if you have more time on your hands during the lockdown, planning your estate […]
Working from home during COVID-19
Working from home during COVID-19 Can employees reclaim any expenses? On Monday 16 March 2020, Prime Minister Boris Johnson told the public to work from home where possible in an attempt to contain the ongoing coronavirus outbreak in the UK. For more than 1.7 million people it was business as usual, as they already worked […]
Help for Businesses during Covid-19 epidemic
We at Oxon Accountancy are ready to provide you further information and updates regarding any claim you would like to make during Corona Virus epidemic crisis. Covid-19: Job retention SchemeDuring these unprecedented times Government has announced various financial support packages for businesses. one of them is Job retention Scheme The Coronavirus Job Retention Scheme is a temporary […]
Insider: April 2020
COVID-19 postpones off-payroll extension to the private sector The Government has delayed extending the controversial off-payroll working rules to the private sector, as the UK fights to contain the coronavirus pandemic. Hot on the heels of announcing a £350 billion support package for struggling businesses, the Treasury pulled the plug on the extension less than […]
Personal tax planning 2020/21
Personal tax changes for 2020/21 What you need to know for the tax year. The Government left it to the very last minute to announce its tax plans for 2020/21. Fortunately, Chancellor Rishi Sunak had few surprises up his sleeve in last month’s Spring Budget. Three of the main taxes in the UK – income […]
Coronavirus support for busineses
Coronavirus support for businesses Options to limit the financial damage of COVID-19. It’s hard to believe that Rishi Sunak has only been the Chancellor since Valentine’s Day, given what he’s had to deal with in a matter of weeks since. On the back of delivering a Spring Budget, Sunak has revealed an unprecedented multi-billion-pound stimulus […]
Tax card 2020/21
These rates and allowances are based on Spring Budget 2020 announcements made by the UK and Northern Ireland, Scottish and Welsh Governments and are for information only.
All information is subject to change before 6 April 2020 and confirmation by the respective governments. The above must not be considered advice and no warranty is given for the accuracy or completeness of the details. Professional advice should be sought before making any decisions.
Rates apply to the UK and Northern Ireland unless stated otherwise.
Employer issues with auto-enrolment
Employer issues with automatic enrolment Policy success, but headache for employers? Back in 2012, less than half of private-sector employees in the UK had a pension scheme. Today, that figure is 85% and this huge increase is due to the successful rollout of auto-enrolment. It started with the largest companies and now applies to employers […]
HMRC’s approach to taxing cryptocurrencies
Cryptoassets: The revenue’s tax stance HMRC updates tax guidance for digital currencies. Since the launch of Bitcoin in 2009, cryptocurrencies have grown steadily into the public consciousness, and the taxman’s too. Once the realm of geeks and hackers, cryptocurrencies are becoming more mainstream. In late 2017, the price of a single Bitcoin surged to about […]
Insider: March 2020
Almost a million taxpayers missed the self-assessment deadline on 31 January, despite record numbers of compliance.
