Job Support Scheme | 23rd October 2020 The Government has announced that it will increase the scale of support available to employers through the Job Support Scheme above what was initially announced, in order to protect more jobs. The new scheme will run for six months and will be reviewed in the new year. If […]
read moreTax Question of the Week: SDLT – Temporary Rate-Reduction & Multiple-Dwellings Relief | 12th October 2020 My client is purchasing three residential investment properties from the same seller. I am aware that my client must pay Stamp Duty Land Tax at the “higher rates” for additional dwellings (supplementary 3%). The property values are £530,000, £325,000, […]
read moreDo you need to know more about the Job Support Scheme and what it consists of. Will you be eligible? and how can you apply for it if so? The Job Support Scheme (JSS) will replace the Job Retention Scheme (JRS). You may know that the JRS has been in place since March 2020 to […]
read moreTax Question of the Week: Substantial shareholding exemption | 28th September 2020 A client owns 100% of the shares in a personal company. That company owns 10% of the ordinary shares in a trading company – the other 90% being owned by an unconnected company. The 90% shareholder company has made a significant loan to the trading company. Our […]
read moreThe Chancellor Rishi Sunak has outlined additional government support to provide certainty to businesses and workers impacted by coronavirus across the UK. Support for Workers A new Job Support Scheme will be introduced from 1 November to protect viable jobs in businesses who are facing lower demand over the winter months due to coronavirus. Under […]
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