Budget 2021: what you need to know about the Recovery Loan Scheme

The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.Continue reading

How does the new emergency coronavirus loan scheme work?

On Wednesday 11 March, the Chancellor revealed that the Government would launch an emergency loan scheme designed to support businesses affected by the Covid-19 outbreak.Continue reading

National Insurance Contributions threshold to rise from April 2020

The National Insurance Contributions (NICs) threshold will increase to £9,500 per year from April 2020, the Government has confirmed.Continue reading

Government announces consultation for plans to make HMRC a preferential creditor after insolvency

The Government has announced details of the first public consultation on its plans to make HM Revenue & Customs (HMRC) a secondary preferential creditor for certain tax debts which are paid by employees and customers after the insolvency of a business.Continue reading

Treasury weighing up tax break for landlords who sell to young adults

The chancellor, Phillip Hammond is considering introducing a tax break in this month’s budget rewarding landlords who sell their properties to sitting tenants, after it was revealed that 40 per cent of young adults are unable to buy a home.Continue reading

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