Friday Tax Tips

Find out how to pay less tax with up to date Tax Tips and dozens of ways to reduce your tax bill.

Tax Tips  – News from HMRC – for Entrepreneurs & Individuals

 

 

(4 Minute Read) What help you can claim?… What help is out there? Since the most recent lockdown started on the 5th January 2021, the Government has brought out several schemes to help businesses. The three main grants are: Local

(2 Minute Read) Tax relief on unwanted Christmas gifts! What is it? If you’ve got some unwanted presents you could claim tax relief for them. To do this you can’t just give the unwanted socks to charity. This is because

(2 Minute Read) Receive more money from our friend Sunak… What is it? The Chancellor has annouced a new £4.6 billion support deal for the retail, hospitality and leisure sectors during the current lockdown. Due to the lockdown non-essential businesses

(3 Minute Read) Get funding for recruitment, IT, and training… What is it? A new Government grant to help businesses complete customs declarations. The grant will give you £3,000 towards recruitment costs for each new employee, though upfront costs won’t

This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.