News, Tax Updates
Winter Economy Plan
Further measures were announced by the chancellor Rishi Sunak yesterday outlining further support for employees and businesses affected by Covid-19 in the face of a second wave. Job Support Scheme ...
News
The latest from Sigma
News, Tax Updates
September News and Updates
Covid-19 Furlough pay For this month’s furlough claims the government will pay 70% of wages up to a cap of £2,187.50 for the hours the employee is on furlough. Employers ...
News, Tax Updates
August News and Updates
Taxes Capital Gains Tax (CGT) Reporting within 30 days of sale The Covid-19 extension for reporting and paying capital gains tax (CGT) due on disposals of UK residential property has ...
News, Tax Updates
July News and Updates
Business Updates Reduced rate of VAT for hospitality, holiday accommodation, and attractions. The government will temporarily apply a reduced rate of VAT (5%) to certain supplies in the tourism and ...
News, Tax Updates
April 2020 – Budget and beyond
Following the 2020 budget, we’ve summarised the key changes highlighted by the Chancellor.
Contractors, News, Taxation
IR35 News: Changes in April 2020 and How They Will Affect You.
If you are contracting through your own limited company then you will most likely be affected by the upcoming changes in the IR35 legislation. In this IR35 News update, we ...
News, Taxation
Cryptocurrency Tax Implications in the UK
We recently presented a webinar to discuss the tax implications on the individual and limited company in relation to trading or investing in cryptocurrencies and foreign currency exchange (Forex). You ...
News, Tax Updates
Changes to the VAT Flat Rate Scheme (FRS) effective 1 April 2017
The Flat Rate Scheme (FRS) was introduced to reduce the administrative burden on smaller businesses and reduce record keeping requirements. Businesses would pay VAT based on their VAT inclusive turnover ...