Please see our latest update attached here.
Please see our COVID – 19 Update attached here. Also the Home Working Policy linked here and MSB Solicitors update linked here.
The point at which tapering of the annual pension allowance kicks in will increase by £90,000 for both threshold income and adjusted income in 2020/21. The move, which was announced in last month’s Spring Budget, means the taper will not affect anyone with income of less than £200,000. It brings to an end a long-running … Continued
Most small businesses in England will pay no business rates in 2020/21 in the wake of the coronavirus outbreak in the UK. Chancellor Rishi Sunak announced in last month’s Spring Budget that almost half of small firms will have a one-year business rates holiday. As part of financial measures announced to limit the economic impacts … Continued
The Government has delayed extending the controversial off-payroll working rules to the private sector, as the UK fights to contain the coronavirus pandemic. Hot on the heels of announcing a £350 billion support package for struggling businesses, the Treasury pulled the plug on the extension less than three weeks before it was due to kick … Continued
The amount of capital gains tax small business owners can potentially save when they sell their business has been cut by 90% for 2020/21. Entrepreneurs’ relief allows people to pay a reduced 10% flat rate of capital gains tax on any gain made from selling a business, instead of the typical 20% or 28% rate. … Continued
So, here’s another update, you’d think as this crisis went on that these updates would be easier to write, things would be becoming clearer. Well, the mud is starting to clear as you will see below, but they certainly are no easier to write, simply because of the wealth of information coming in, much of … Continued
Online criminals are using an increasing number of ways to target businesses and individuals online by using the current Coronavirus (Covid 19) situation as the ‘hook’ to lure us into phishing e-mails and fake websites. They are purporting to be from genuine organisations like the World Health Organisation (WHO) as well as some malicious Coronavirus themed … Continued
BWM Office Update We are now working from home, contactable by email and the office phone has been diverted to Peter Taaffe’s mobile for him to field calls and get the appropriate person to ring you back, and we are in the process of having the post diverted to his home. Inevitably things are going … Continued
We’re in the start of a major economic crisis with some remarkable initiatives by HMG. The details of these schemes is still emerging, how quickly they can be implemented remains to be seen as HMRC & the banks will simply be inundated. So website access and portals is still awaited. And the huge uncertainty is … Continued