Tax Tips & News

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01/06/2020

June Tax Tips & News

Welcome to the Hatcher Hughes Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Coronavirus (COVID-19) update: homeworkers' expenses
The government has introduced a temporary tax exemption and National Insurance disregard to ensure that home office equipment purchased by employees as a result of the coronavirus outbreak, will not attract tax and NICs liabilities where reimbursed by the Read More...
 
Coronavirus (COVID-19) update: self-assessment payment deferrals
To help ease the financial impact of the coronavirus (COVID-19), the Government has announced that self-employed taxpayers may be able to defer some tax payments without paying a penalty. At present it is possible to: Read More...
 
Coronavirus SSP Rebate Scheme launches
From 26 May 2020 onwards, employers can make claims through the Coronavirus Statutory Sick Pay (SSP) Rebate Scheme. This is a new online service and forms part of the package of support measures for businesses affected by the COVID-19 outbreak. Read More...
 
Tax-efficient savings update
As the new tax year progresses, now is a good time review some of the tax-efficient savings incentives available which may help maximise potential returns. Read More...
 
June questions and answers
I am the director of a limited company and due to the impact of the coronavirus, I will need to waive my entitlement to company dividends for the time-being. Are any formal waiver procedures necessary? Read More...
 
June 2020 Key tax dates
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/6/2020 Read More...
 
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Hatcher Hughes Accountants are based in Chester, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website hatcher-hughes.co.uk for more information.

 
 

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