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Book an appointmentBudget | April 2021
Spring Statement 2022
The Chancellor Rishi Sunak presented his Spring Statement. in which he cut fuel duty by 5p and raised the threshold at which people start paying National Insurance by £3,000.
Fifth SEISS grant will be open to claims from late July
HMRC has confirmed that the fifth Self-employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late July.
Recovery Loan Scheme opens to businesses
On 6 April, the Recovery Loan Scheme (RLS) was introduced to replace the government’s coronavirus lending schemes.
Recent changes to IR35 ‘undermine the self-employed’ says IPSE
The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to off-payroll workers, commonly known as IR35.
CBI calls for extension of Kickstart Scheme as jobs market remains subdued
The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing the brunt of the subdued job market.
New 95% mortgage scheme launched
On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to lenders.
New claims required for home working tax relief
Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated.