For periods from 1 May 2021 onwards, you will be able to claim for newly eligible employees who you could not claim for from 1 November...

Employed workers can now claim the government's working from home allowance for the 2021/22 tax year. This gives workers a £6 per week...

Restart Grants are a one-off cash grant available from this month to hard-hit hospitality, accommodation, leisure, personal care and gym...

The fourth Self-employed Income Support Scheme (SEISS) grant covers the period February to April 2021. It will now be open to individuals...

Launched on 6 April 2021, the Recovery Loan Scheme (RLS) provides financial support to businesses across the UK as they recover and grow...

Payments will rise for millions of retirees in the next few weeks when new rates come into force across England and Wales. Key points The...

The private sector reform was due to take place in April 2020, but was delayed because of the Covid-19 pandemic. Key points IR35 refers...

The Chancellor unveiled more details about the fourth self employed grant during the budget on 3 March. Key Points The Chancellor...

Extended VAT discount for hospitality The current 5% VAT rate for the hospitality sector, holiday providers and attractions will be...

The government’s new capital allowance ‘super-deduction’ hopes to boost business investment and productivity, but good planning and...

A significantly tougher regime of penalties for late income tax payment was released in the Budget announcement on 3 March. Key Points...

Further information will follow once the Finance Act is published however, some of the headlines of The Chancellor's budget are as...

The Chancellor has reportedly ruled out a rise in fuel duty. Rishi Sunak may extend the initiative under which drivers of electric...

Over 500,000 VAT registered businesses who deferred VAT payments between March and June 2020 now have the opportunity to join the new...

New BREXIT fund will help businesses prepare for the implementation of import controls. Businesses will be encouraged to apply for grants...

Key points: - HMRC outlines ways it will support businesses and when it will intervene; Changes to the off-payroll working rules are set...

HMRC have announced that if you have deferred VAT, your payments due between 20 March and 30 June 2020 and still have payments to make,...

In February 2021, Foxmain Associates was selected as one of the UK’s leading accountancy firms by Handpicked Accountants. With over...

It's just over 50 days until the end of the tax year, so don't leave it last minute to undertake some tax planning to legally mitigate...

Did you know you can now register to order coronavirus tests for your employees? You can register to order tests if: - your business is...