Taxes

Chancellor reveals new support measures amid second-wave fears

Ashish Patani2021-03-28T21:01:40+01:00

New support measures & loans for businesses and workers have been announced in the face of a rising tide of coronavirus. A job support scheme or loans will replace the furlough scheme from 1 November 2020, initially until 30 April 2021. Government and employers will subsidies the pay of employees working fewer [...]

Chancellor reveals new support measures amid second-wave fearsAshish Patani2021-03-28T21:01:40+01:00

Tax group calls for extension to the annual investment allowance

Ashish Patani2021-03-28T21:01:46+01:00

The temporary increase to the annual investment allowance should be extended, according to the Association of Tax Technicians (ATT). The allowance enables firms to fully offset the cost of qualifying capital items of plant and machinery against taxable profits. Since 1 January 2019, businesses have received faster tax relief for plant and [...]

Tax group calls for extension to the annual investment allowanceAshish Patani2021-03-28T21:01:46+01:00

Previous 12