Tax Credits Renewal 2020

Tax Credits renewal 2020

Time to Renew Tax Credits HM Revenue and Customs (HMRC) is reminding tax credits customers that they need to tell HMRC about any changes in their circumstances or income by 31 July. Tax credits help working families with targeted financial support so it is important that people don’t miss out on money that they are entitled to. Renewing tax credits online is quick … Read more Tax Credits Renewal 2020

Hospitality and Accommodation Reduced VAT

Hospitality and accommodation reduced VAT rate

Further support for hospitality and accommodation businesses in the form of reduced VAT. The government made an announcement on 8 July 2020 allowing VAT registered businesses to apply a temporary 5% reduced rate of VAT to certain supplies relating to: hospitality hotel and holiday accommodation admissions to certain attractions The temporary reduced rate will apply … Read more Hospitality and Accommodation Reduced VAT

Chancellor’s Plan For Jobs 8th July 2020

Chancellor's plan for jobs

The Chancellor Rishi Sunak has set out his plan for jobs which he hopes will spur the UK’s recovery following the Coronavirus pandemic. Delivering his Summer Economic Update in Parliament, the Chancellor announced a package of measures to support jobs in every part of the country, give businesses the confidence to retain and hire, and … Read more Chancellor’s Plan For Jobs 8th July 2020

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Limited company Formation

From AJR & Co Ltd