April Tax Tips & News

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03/04/2020
Homeworking flat rate allowances increased
HMRC have announced that it will increase the maximum flat rate tax deduction available where employees incur additional household costs where they work at home under homeworking arrangements Read More...
 
Reduction in the lifetime limit for entrepreneurs' relief
At Budget 2020 the Chancellor of the Exchequer announced that the lifetime limit of entrepreneurs' relief (ER) would be reduced from £10 million to £1 million Read More...
 
Changes to off-payroll working rules delayed until 2021
Amid concerns about their potential impact during the coronavirus pandemic, the government has announced a one year delay to changes to the off payroll working rules, due to take effect from April 2020 Read More...
 
HMRC urge people to prepare for CGT payment change
The amount of CGT payable on account is the amount after applying the applicable rate of tax to the net gain. Read More...
 
April questions and answers
My business imports goods from the EU. What is the current position reading postponed accounting for VAT? Read More...
 
April Key tax dates
5- End of 2019/20 tax year. Last day to use up annual exemptions for capital gains tax, inheritance tax and ISA's Read More...
 
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