Posts Tagged: Patel

What Cash Help are you Entitled to?

Use this tool to see what cash help you are entitled to.     What help is there? The Government introduced the Small Business Grants Fund and the Retail, Leisure & Hospitality Grants Fund Since launch over £7 Billion in grants has been paid out to small businesses. The grants are between £10,000 and £25,000… Read more »

£50,000 Quick, Easy, No Security

How the government’s new “bounce-back loans” can help you.     What are they? These new “bounce-back loans” are 100% government-backed loans for small businesses. They are aimed at unblocking the backlog of credit checks by banks amid fears that small firms could fold before getting the loans they need.   Key Features Starting Monday… Read more »

Coronavirus Business Aid

Find out what we know about how the Government plans to help your business through the Coronavirus Outbreak.     Coronavirus Job Retention Scheme (CJRS) CJRS means all employers will be able to access support to pay part of employee’s salaries to avoid making them redundant during this crisis. This pay will be backdated to… Read more »

Corona Virus Cash Help

Find out how the government is helping your business through the Corona virus.     The Chancellor announced an expansion of Business Rates Relief. The current retail discount of 50% will be increased to 100% for 2020-2021, meaning nearly half of all properties in England will pay no business rates for the year. As well… Read more »

Big Changes with Employment Allowance

The current rules on employment allowances are undergoing big changes in April 2020.     From April 2014 employers have been entitled to £3,000 off their National Insurance bill. But from April 2020, employers will only be eligible if their total secondary Class 1 NIC liability was under £100,000 in the previous tax year. This… Read more »

Big Change with Capital Gains

From 6th April 2020 there are three changes that will affect Capital Gains Tax.   Currently you file your Capital Gains Tax in your Tax Return. This means you have until the 31st January to declare it. However, from the 6th April 2020 you will have 30 days following the sale to submit your provisional… Read more »

Accelerated Capital Gains Tax

There will be major changes to the tax rule for gains made from the sale of residential properties which will take effect from April 2020.   At present capital gains made by individuals are reported through self assessment, i.e if you sell a property between 6 April 2019 and 5th April 2020 you must declare… Read more »