Tax Tips & News

The latest tax tips and news affecting our clients, plus access to our complete archive of tax tips and news.

130% Super-deduction Capital Allowance on Leased Assets

130% Super-deduction Capital Allowance on Leased Assets

Published on 22/05/2021

For expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments.

Read More
Umbrella Company UK

What is an Umbrella Company & How Does It Work?

Published on 08/05/2021

Umbrella company is one of the most popular options being offered to individuals whose contracts using their PSCs have been deemed to be inside IR35 regulations.

Read More
Tax on Cryptoassets: How Are Cryptocurrencies Taxed in the UK?

Tax on Cryptoassets: How Are Cryptocurrencies Taxed in the UK?

Published on 01/05/2021

Tax on cryptoassets is a frequently asked question these days due to the massive surge in popularity of Βitcoin. Find out how HMRC taxes cryptoassets.

Read More
SEISS 4th Grant: When and How Can I Claim the 4th Self-employed Grant?

SEISS 4th Grant: When and How Can I Claim the 4th Self-employed Grant?

Published on 17/04/2021

How to claim 4th self-employed grant – next SEISS payment explained, and when you can apply with HMRC.

Read More
https://mcl.accountants/wp-content/uploads/2021/04/Recovery-Loan-scheme-for-businesses.jpg

Recovery Loan Scheme: How to Apply for a Business Recovery Loan

Published on 10/04/2021

Recovery Loan Scheme opened for applications on 6 April 2021 and is available to businesses affected by the pandemic. Find out how to apply.

Read More
April 2021 Changes to VAT Making Tax Digital (MTD) Procedures

April 2021 Changes to VAT Making Tax Digital (MTD) Procedures

Published on 03/04/2021

Making Tax Digital changes from April 2021 will make the digital record-keeping requirement compulsory for all VAT periods beginning on or after 1 April 2021.

Read More

Please get in touch if you need further advice, have any questions about our services or would like a free consultation.