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20/10/2020

October Tax Tips & News

Welcome to the Colin Gray & Co Tax Tips & 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!

Covid-19: Government unveils winter economy plan
Chancellor Rishi Sunak has unveiled the Government's winter economy plan, providing an update on current coronavirus support measures for individuals and businesses, and announcing the launch of a new Job Support Scheme. Read More...
 
Kickstart for employers
Under the new Kickstart programme, the Government hopes to create roles for as many as 250,000 young people who are currently receiving Universal Credit (UC). Read More...
 
Can I get a Customs grant?
Businesses need to prepare ahead of new Customs procedures coming into play in 2021 when the Brexit transition period ends. The Government has made funding available in the form of a grant to help Read More...
 
VAT: changes to accounting methods used by opticians and sellers of hearing aids
HMRC have published Brief 14 (2020), which covers changes to the methods used by opticians and sellers of hearing aids to account for VAT on their supplies. Read More...
 
October questions and answers
My mother gave my daughter £5,000 on 1 May 2016. She had not made any other gifts in previous years. Unfortunately my mother passed away on 1 September 2020. Read More...
 
October 2020 Key tax dates
Due date for payment of Corporation Tax for the year ended 31 December 2019 Read More...
 
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