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THE last two blog instalments have aimed to provide details of the support initiatives that are available to businesses as they seek to cope with the implications of Covid-19.
While there is no doubt that the support schemes have helped millions of UK employees and self-employees during this challenging time, we at Black Type Accountancy want to do our bit to assist. Which is why we’ve come up with ‘Free on a Friday’...
Working from home? How can you cut your tax bill?
If you’ve been working from home over the past few months as an employee, you may be able to claim a small reduction in your taxes. HMRC allows you to claim up to £6.00 per week worth of expenses without having to provide bills or other accounting paperwork to justify it.
ON July 8 the Chancellor introduced a three-point plan to support jobs in the wake of the current Covid-19 crisis when he delivered his Summer Economic Update to Parliament. He also announced a couple of other tax and VAT temporary changes.
