Self-employed Income Support Scheme

 

  • It has been reported that only 2.3 million only 2.3 million he says) have claimed under the Scheme when apparently 3.5 million emails were sent out by HMRC to individuals who they thought were eligible

 

  • If you or your friends have not claimed, then it is well worth them checking to see if they are eligible

 

  • It is important to note that members of Partnerships can each claim

 

  • The scheme is actually due to end this Sunday (31 May) and we are awaiting an update from the Chancellor as to whether it will be extended

General

This section contains miscellaneous & general financial information that you may find useful when dealing with certain life events.


Capital Gains Tax (CGT)

Capital Gains Tax (CGT)

This document contains a short explanation of Capital Gains Tax, the allowances available in the 2020/21 tax year, and how you can use it in your year end tax planning.

Civil Partnerships

Civil Partnerships

Civil partnerships in the United Kingdom, granted under the Civil Partnership Act 2004, allow same-sex couples to obtain essentially the same rights and responsibilities as marriage. Though from March 2014 full same-sex marriage was legalised in England, Scotland and Wales, civil partnership remains available. Designed to be very much equivalent to marriage for same sex couples, a civil partnership carries both rights and responsibilities, in very broad terms, attracting the same legal and tax protections/advantages/disadvantages as a traditional marriage. This article explains further.

Inheritance Tax

Inheritance Tax

A short explanation of Inheritance Tax and how to plan for it in your tax planning.

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