KRW Tax news
5th coronavirus grant for the self employed opens end of July
KRW Tax newsJuly 30, 2021|In KRW Tax news|By Keith WitchellEarlier this month, HM Revenue & Customs issued some guidance about the fifth, and potentially final, Self Employed Income Support…
Self employed income support scheme further grants confirmed
KRW Tax newsApril 8, 2021|In KRW Tax news|By Keith WitchellThe Chancellor confirmed that there will be two further three-month grants for self-employed taxpayers once again set at 80% of past…
Urgent action needed to spread the payment of deferred vat bills
KRW Tax newsMarch 18, 2021|In KRW Tax news|By Keith WitchellAlmost a year ago, on the eve of the first lockdown, the Chancellor announced that businesses could defer their quarterly VAT liability…
New recovery loan scheme announced
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellWith the current Bounce Back and Coronavirus Business Interruption Loan Schemes due to end soon, a new 80% government backed Recovery Loan…
New restart grants for hospitality, leisure, gyms & non-essential retail
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith Witchell£5 billion has been pledged to fund new Restart Grants which provide a one-off cash grant of up to £18,000 per premises for hospitality,…
Business rates relief for retail, hospitality & leisure extended
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellThe current business rates holiday for certain sectors including retail, hospitality and leisure has been extended to 30 June 2021, as…
Tax relief for losses extended to allow 3 year carry back
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellIn a bid to help businesses adversely affected by COVID, the usual rules that allow a business to carry back losses for one year have been…
VAT, capital gains tax, pensions & inheritance tax thresholds also frozen
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellAlongside the freezing of the tax-free personal allowance and higher rate tax thresholds, the Chancellor also announced that the VAT…
Stamp duty land tax cut extended
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellThe current £500,000 threshold for Stamp Duty on residential properties that was due to end on 31 March 2021 has been extended to 30 June…
VAT cut for hospitality & leisure sectors extended
KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellThe current much needed VAT cut to 5% for the hospitality and leisure sectors was due to end on 31 March 2021, but the Chancellor announced…

