‘ECONOMIC EMERGENCY HAS ONLY JUST BEGUN’ In his spending review yesterday Rishi Sunak said the “economic emergency” caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and jobs. Official forecasts...
Many businesses turned chameleon during Covid-19, changing core business to adapt. But whether you’re a florist making face masks or a farm shop starting home deliveries, what about tax? If a business starts a new trade, it’s normally treated as a separate trade for...
As we enter the third week of lockdown in England and reflect on improved testing, new vaccine trial results and a host of experts talking on the news about the timing of rollout and when Covid-19 will no longer be a threat to normality, it is worth remembering our...
The pros and cons of changing your main residence. With property being one of the most reliable investments around in a period of historic low-interest, many money-savvy people these days end up owning additional properties. They might rent them out, live in them or...
Life raft of laws to keep companies buoyant ‘The most significant reforms of UK insolvency law for a decade’? The Corporate Insolvency and Governance Act 2020 puts in place a series of measures amending Insolvency and Company law. Some are temporary, some permanent....
Entrepreneurs’ relief is no more (in name at least). Last March, one of the headline-grabbing measures announced in what will be the only Budget speech of 2020 surrounded what we knew as entrepreneurs’ relief. The relief was designed to be an incentive for...
