New grants for businesses affected by local lockdowns
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New grant support was announced 9 September that offers businesses in areas subject to a local lockdown a measure of financial support. In a news...
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VAT – partial exemption defined
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A business that incurs expenditure on taxable and exempt business activities is partially exempt for VAT purposes. This means that the business is...
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Nominating a principal private residence
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There is usually no Capital Gains Tax (CGT) due on a property which has been used solely as the main family residence. Conversely, an investment...
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Taxation of grants
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A wide variety of grants or subsidies are available to businesses and can be received in addition to the ordinary business income. It is important...
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Time to Pay
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Back in March 2020, as the coronavirus pandemic was just starting the government announced new emergency measures to help those businesses and...
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Fast-tracking passport applications
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Due to coronavirus disruption, it is currently taking up to six weeks to renew or replace a passport online. It can take even longer if you apply...
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Companies House has new bank account
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Companies House has announced that they have new bank details effective from 1 September 2020. This is due to a Companies House change in status...
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Kickstart program opens in Wales
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Under the new £2 billion Kickstart scheme, employers will be able to offer young people on Universal Credit and at risk of long-term unemployment...
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English plastic bag charge to double
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The single-use carrier bag charge came into effect in England on 5 October 2015. This introduced a minimum charge of 5p on single-use carrier bags...
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Witnessing wills remotely
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A statutory instrument will be issued September 2020 that will legitimise the witnessing of wills by video conferencing methods. This extension to...
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Refunds – guidance or law?
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The Competition and Markets Authority (CMA) recently published further detail on its views on the law in relation to cancellations and refunds...
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Property income split for couples
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As a general rule, the fall-back position for couples who live together with their spouse or civil partners is that property income – where...
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