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Express Trusts and the Trust Registration Service (TRS)
You might well have heard by now that per new government anti-money laundering directives, that trustees of most express trusts, including those that do not have to prepare...
Paying Back A Self-Employment Income Support Scheme (SEISS) Grant
There is a new section in the SEISS guidance called ‘If you still need to make a claim’. If you’ve not been able to make a claim due to an HMRC error or other exceptional...
SEISS 5th Grant Deadline – 30th September 2021
The deadline for claiming the fifth SEISS grant is 30 September, so quickly approaching. Please be aware that you will need to know the turnover of your trade during...
The fifth SEISS Grant
Claims for the fourth SEISS grant have now closed, as the last date for making a claim was 1 June 2021. However, a fifth grant covering May 2021 to September 2021 will be open...
The LB Roundup – The Fourth SEISS Grant
Thank you to those who attended our roundup webinar! The recording is at the bottom of this blog 👇 The focus of today's webinar was on the fourth SEISS grant, which is now...
Pre Year End Tax Planning – 2021
See the webinar recording at the bottom of this blog 👇 As we're coming towards the end of the tax year, we are very conscious that time is running out and that at some point,...
Succession Planning for your farming business…
Now is the time to look at the succession planning for your farming business... It may not seem it, but the current tax regimes for Inheritance Tax is relatively generous....
SEISS – The Tax Effect
The SEISS grants are taxable in the tax year of receipt. If you are a sole trader who has an accounting year end after 5 April 2020, the tax effect could be unexpected. For...
HMRC’s Online Gateways – Can you access them?
Going are the days of interacting with business and government via the medium of paper and telephone. Increasingly we are all encouraged to adapt to communicate through their...
Tax Planning Opportunities
Could some of the negative impacts of the virus actually provide some tax planning opportunities? Clearly, the COVID-19 pandemic is going to have a significant economic impact...
Sale of UK Residential Property – Awareness of new rules
The government implemented changes to the Capital Gains Tax (‘CGT’) rules from 6 April 2020 in relation to the sale of UK Residential Property. The previous rules required...
Investors Relief – Do you qualify?
Investor’s Relief (‘IR’) came into play 17 March 2016, so by no means is it new. So why are we talking about it? Well, the conditions imposed to qualify for the relief where...