Pensions, Protection and Investments
In conjunction with Matthew Harrington, financial adviser for Lovewell Blake Financial Planning.
Leading specialist accountant calls for delay in VAT hike for hard-pressed hospitality and leisure sector
As hospitality businesses continue to grapple with soaring food and energy costs and staff shortages, from April they will also face an increase in employer’s national insurance of 1.25% thanks to the Health and Social Care Levy, and a rise of 6.6% in the headline National Living Wage.
'Managing the farmed environment’ the focus of first farmers’ evening of 2022
‘Managing The Farmed Environment’ will be the focus of the first joint NFU/Lovewell Blake Farmers’ Evening of 2022, when two experts from Brown & Co’s environmental services team will take a broad-ranging view of the various issues facing farming in the coming years.
Reporting your property disposal within 60 days isn’t the end of things!
The requirement to report certain disposals of UK residential property shortly after the disposal, rather than simply in that year’s tax return, came in from 6 April 2020. Initially, the deadline to both file the report and pay any CGT was 30 days from completion. In response to concerns raised by many people, the Chancellor announced in the Autumn 2021 Budget that this would be extended to 60 days for disposals which completed on or after 27 October 2021.
COVID-19 support grants paid to companies must be included on company tax returns
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
Consumer group urges taxpayers to avoid using refund firms to claim tax rebates
Consumer group Which? has urged taxpayers to avoid using so-called 'refund firms' to claim tax rebates.
BCC calls for 'urgent action' to improve UK-EU trade
The British Chambers of Commerce (BCC) has called for urgent action to help improve trade with the EU.
Government scheme gives discounts of up to £5,000 on accounting software
The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for applications.