HMRC launch a campaign to ensure taxpayers understand when the income tax on Venture Capital Trust (VCT) investments is clawed back, and alter their timescales to reflect the challenging times we find ourselves in.
The Chancellor, Rishi Sunak, announced £1.25 billion of government support for innovative firms at the Downing Street Press Conference on 20 April 2020, delivered through the Future Fund and Innovate UK.
HMRC clarifies its position on loan charge liabilities but 30 September deadline still fixed.
What is the position for the Benefit in Kind (BIK) on a company car whilst an employee is working from home or has been furloughed?
How can you retain key staff to help build your business in the future when cash bonuses are scarce.