Emergency support for businesses hit by coronavirus
The Welsh Government is today announcing a package of support worth more than £200m for small businesses to help them during the coronavirus outbreak. Retail, leisure and hospitality businesses with a rateable value of £51,000 or less will receive 100% business rate...
Spring Budget 2020
The Chancellor, Rishi Sunak, has delivered his first Budget. Here are the 2020 tax rates & proposed changes at a glance. Personal Taxation – 2020/21 National Insurance contributions The threshold for class 1 primary contributions paid by employees and the...
What are the tax implications of company cars?
Source: SDVH [Self Drive Vehicle Hire] – UK Car, Van, Minibus & Truck Offering a company car as a benefit can be a valuable and attractive perk to any valued employee. Unfortunately, it is not necessarily a tax-free perk and it may be liable for PAYE because...
National living wage to rise by 6.2% for 2020/21
The Low Pay Commission published recommendations for the new rates, which kicks in from 1 April 2020.
Different types of business structures
Options to consider when starting up.