News

Rishi Sunak’s announcement of targeted support for businesses forced to close because of Covid-19 are welcome, but there are many unanswered questions, says James Shipp of Lovewell Blake.

Following HM Revenue & Customs (HMRC) victory in the Court of Appeal over drinks giants Coca Cola, the classification of van for tax purposes is thrown into yet more turmoil.

Following the Chancellor’s, Rishi Sunak, Winter Economy Plan announcement, HM Revenue & Customs (HMRC) have unveiled their online payment support service, with the aim to help up to 11 million Self-Assessment taxpayers spread the cost of their tax payments.

Chartered accountants Lovewell Blake have appointed Mark Proctor as senior partner, replacing Paul Briddon, who is stepping down after five years in the role.

Financial planners and advisers Lovewell Blake Financial Planning, which for the past two years has been listed as one of the Top 100 Financial Planners in the UK by the Financial Times, has appointed Richard Ince as a financial adviser.

The Chancellor, Rishi Sunak, has unveiled his emergency COVID rescue plan to protect jobs and the UK economy.

Previously, HMRC guidance stated that when customers are charged early termination fees to withdraw from contracts, or payments are required for breach of contract, then these charges are not generally relating to a supply and are outside the scope of VAT.

For those approaching retirement, timing when to take their pension has never been so important.