Help is available for business with Coronavirus…

...and Folkes Worton can advise you on how to access the right help for your business Coronavirus business interruption loan scheme This is designed to support businesses to access bank lending and overdrafts.  The government will provide lenders with a guarantee of 80% on each loan to give lenders further … Continued

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Budget 2020 in brief…

A month after his appointment as Chancellor of the Exchequer, The Rt Hon Rishi Sunak MP has delivered his first Budget. The key points are summarised on the BBC’s Politics pages at https://www.bbc.co.uk/news/uk-politics-51832634 If there is anything included in the Budget that you would like some further advice or support … Continued

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Numbers that define the next decade

Numbers that define the next decade

Did you know… in the next decade there will be 821 Million more people in the world. That’s 12 times the population of the UK! How will your family grow? Did you know… in the next decade there will be 1.2 Million additional 80-year olds in the UK. That’s the … Continued

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Tax Diary July/August 2019

1 July 2019 - Due date for Corporation Tax due for the year ended 30 September 2018. 6 July 2019 - Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A

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Bedroom

Rent-a-room scheme

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. The current tax-free threshold of £7,500 per year has been in place since 6 April

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Piggy Bank

Disguised remuneration schemes

Loans schemes also known as disguised remuneration tax avoidance schemes have been used by some employers and individuals in order to try and avoid paying Income Tax and National Insurance

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