Spotting fake HMRC letters: a guide to authenticating official communications
There are signs you can look for to help spot possible bogus communication from HMRC
Reversal on Emergency Budget 2022
Chancellor brings forward further medium-term fiscal plan measures As the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’. Three weeks later, after huge turmoil, a reversal of most of the […]
The Mortgage & Property Magazine 2022
HB&O Financial Services have published their comprehensive Spring 2022 Mortgage and Property Magazine and we’re excited to share it with you. For those who want to take their first step onto the property ladder, build a buy-to-let empire, lower their mortgage repayments, or make their homes ‘greener’, this magazine is a must-read. We’ve summarised some […]
Autumn 2021 Budget Report
On 27th October 2021, the Chancellor presented the Autumn 2021 Budget Report. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. We’ve summarised the key announcements below. Tax measures include: a new temporary business rates relief in England for eligible retail, hospitality […]
What are the Tax Allowances for 2021/22?
The tax system can seem very overwhelming for business owners, with so many different tax allowances, tax rates, tax bands. From Personal Tax and Corporation Tax to R&D and Capital Gains, there’s a lot of different figures you may need to refer to. Lucky for you, we’ve put them all in one place here for […]
A breakdown of the 2021 Budget
On 3 March, Rishi Sunak delivered his second Budget as Chancellor with a three step plan to save, fix and rebuild the economy during and after the COVID pandemic. Unsurprisingly, Sunak started the Budget with updates to the ongoing Covid support measures, extending the furlough and SEISS schemes and announcing additional support to help businesses reopen as the economy starts to reopen. Other announcements […]
CJRS and SEISS: how to correct an over claimed grant
Unsurprisingly, HMRC has announced how they will be cracking down on fraudulent grant claims. Due to the speed and urgency that claims were made and issued, there are likely to be a number of innocently miscalculated grants and HMRC is requesting that businesses double-check their calculations and notify HMRC within 90 days of receiving any […]