There’s updated business closure guidance for those who have been forced to close due to government restrictions. You can get up to date information from your local council, or contact us at Jones Harris. Some of the Updated Business Closure Guidance – Coronavirus Bounce Back Loan The Bounce Back Loan Scheme enables smaller businesses to […]

We are pleased to demonstrate to clients and third parties that we take data privacy and security very seriously.  Over recent years we have further invested into the technology we use, we are proud to let you know that Jones Harris is now Cyber Essentials certified. Cyber Essentials is a Government-backed and industry-supported scheme that […]

1 November 2020 – Due date for Corporation Tax due for the year ended 31 January 2020. 19 November 2020 – PAYE and NIC deductions due for month ended 5 November 2020. (If you pay your tax electronically the due date is 22 November 2020.) 19 November 2020 – Filing deadline for the CIS300 monthly […]

For many years Chancellors have threatened to reduce the Income Tax relief that can be claimed for payments into a private pension scheme. There have been reductions in the amount of contributions that can be made and the size of the pension fund that can be accumulated, but thus far, allowable contributions may still attract […]

The present rate of Inheritance Tax (IHT) that is payable by your executors on your taxable estate is 40%. The good news is that you can reduce the impact of this tax, which effectively reduces the amount of your hard-won assets that is received by your beneficiaries. For example: The first £325,000 is tax-free. This […]

Readers with children at university should pass on this message as students starting university this year are being warned by HMRC that they could be targeted by a fresh wave of tax scams. As new students start the academic year, they can be particularly vulnerable to cybercrime. With universities taking a blended approach to online […]

Brits will be able to get cashback from shops without needing to buy anything under new proposals to protect the UK’s cash system announced 15 October 2020. Under the government proposals, cashback without a purchase could be widely available from retailers of all sizes in local communities across the UK. Although cash use is declining, […]

From 1st January 2021, the Annual Investment Allowance for Capital Allowances will reduce from the current £1,000,000 to £200,000 per annum. The Annual Investment Allowance (“AIA”) is the 100% rate of Capital Allowances for qualifying capital expenditure (typically plant and machinery). Any additions falling within the AIA get full tax relief on the cost, additions […]