Agricultural sector welcomes Annual Investment Allowance extension
The government have confirmed the £1 million Annual Investment Allowance (AIA) will be extended until 1 January 2022.
Introduction of the Agriculture Act
The passing of the Agriculture Act, the first piece of domestic legislation covering farming for more than seven decades, sets out how Britain will farm for generations to come – and importantly it includes food standards protections.
Attitude to Risk Vs Capacity for loss
The difference between a perceived attitude to risk and actual capacity for loss can often be confused.
VAT alert - builder's block on input VAT
‘A recent first-tier tribunal case, Wickford Development Co Limited v HMRC, has been found in favour of the taxpayer, raising again the possibility of HMRC incorrectly interpreting the scope of the ‘Builder’s Block’, this being HMRC’s block on builders and contractors recovering input VAT incurred on goods that are not ‘building materials ordinarily incorporated in a building’.
Self Employment Income Support Scheme (SEISS) extension
When announcing the ‘Winter Economy Plan’ in September 2020, the government confirmed that the Self Employment Income Support Scheme (SEISS) will continue until April 2021.
National Lockdown - Furlough Scheme extension and other business support
Following the Prime Minister, Boris Johnson’s, statement on Saturday (31 October) it was announced that England is to enter a further National Lockdown from 5 November 2020, ending on 2 December 2020 at the earliest.
Collaborative approach needed to face ‘perfect storm’
A ‘perfect storm’ of events is about to test farming’s resilience to the limits, says Chris Solt of Lovewell Blake.
FT rates East Anglian Firm in top 100 financial planners in the UK for the third year running
An East Anglian firm of financial planners has been named as one of the UK’s Top financial advisers by the Financial Times for the third year running – achieving a rating of 28th in the country, up from 72nd in 2019.