Charity reserves and sustainability
This month a report into the state of charity finances has raised serious concerns about the financial health of charities as lockdown restrictions start to be lifted.
Coronavirus and the markets, a year on
I don’t know how many of us thought that we’d still be adhering to so many restrictions after all this time, but here we are, over a year on and the pandemic is still having a big impact on all of us.
Time running out for ‘covid savers’ to make the most of pensions allowances
Covid savers should be making the most of their pensions allowances, says Sharon Mattheus of Lovewell Blake Financial Planning.
COVID-19 - SEISS fourth and fifth grant
Self-Employment Income Support Scheme – further grants confirmed
Tax after coronavirus – there has to be reform to address the unsustainable public finances
With the current financial crisis and more challenges looming in the future, now is the time for significant forward-thinking tax reform, in the context of a clear long term-strategy, says Shaun Davison of Lovewell Blake.
How do I calculate furlough pay for March and April?
Dom discusses furlough calculations for the following months.
Further help for Self-Assessment taxpayers
HM Revenue and Customs (HMRC) have announced that Self-Assessment taxpayers will not be charged the 5% late payment penalty if they pay their tax or set up a payment plan by 1 April 2021.
Businesses that took out Bounce Back Loans can delay repayments by an extra six months
The government-backed Bounce Back Loans that businesses took out to get through Covid-19 now have further flexibility to repay their loans. This is available to more than 1.4 million businesses who took out nearly £45 billion through the scheme.