Personal tax • Tax Planning • Tax ReliefHow to make the most of your tax free allowances The current tax year (2020-21) will end on 5 April 2021 and we are all expecting tax increases shortly to help recover… By RJP LLP on 25 February 2021 Read more
Business Tax • Coronavirus Advice • R&D Tax Credits • Tax PlanningHow do government loans and furlough affect R&D claims? The quick roll-out of government loans and the ability to ‘furlough’ employees have certainly been useful to businesses and have indeed kept… By RJP LLP on 11 February 2021 Read more
Coronavirus Advice • Personal tax • Personal Taxation • Tax PlanningSelf-Assessment late filing penalty scrapped for tax returns received by 28th February HMRC have just announced that due to the COVID-19 pandemic, any self-assessment taxpayers who cannot file their tax return by the 31st… By RJP LLP on 25 January 2021 Read more
Coronavirus Advice • Corporate Taxation • Personal tax • Small Business • Tax PlanningTax efficient remuneration ideas during a pandemic As a result of the COVID-19 pandemic, your company’s business may be running at a loss or facing reduced profit levels this… By RJP LLP on 25 November 2020 Read more
Business Tax • capital allowances • Tax Planning£1m capital allowances extension available for another 12 months If your business is making ongoing investments to adjust to the Covid pandemic, you may be cheered to learn that the current… By RJP LLP on 18 November 2020 Read more
Personal tax • Property • Tax Planning • Tax Relief • tax returnsWhat powers does HMRC have to spot missing rental income? If you have a rental property, it is important to report the rental profits to HMRC on a self-assessment tax return. HMRC… By RJP LLP on 12 October 2020 Read more
capital allowances • Personal tax • Property • Tax PlanningWhy is a holiday let more tax efficient that a normal buy-to-let? This summer’s staycation boom, the prospect of Brexit and the temporary reduction in stamp duty rates have left many people thinking about… By RJP LLP on 23 September 2020 Read more
Business Services • Business Tax • HMRC • Small Business • Tax Planning • TaxationVans redefined as cars. What are the vehicle tax implications? In the recent case of Payne, Garbett and Coca-Cola European Partners Great Britain Ltd vs HMRC it was upheld that some modified ‘crew-cab’… By RJP LLP on 27 August 2020 Read more
capital gains tax (cgt) • Coronavirus Advice • Personal tax • Tax PlanningPossible Capital Gains Tax review on the horizon Rishi Sunak has dropped some heavy hints that taxes will be increasing to cover the cost of the financial support provided by… By RJP LLP on 23 July 2020 Read more