Many people are looking to file their tax return early for 2020/21. However, an issue has come to light where a 30-day capital gains tax (CGT) return has also been filed during the year. What’s the issue and the solution? Since April 2020 anyone who makes a chargeable gain on a UK residential property where … Continue reading Offsetting overpaid CGT
Emergency right to rent measures introduced to minimise face-to-face contact will now be in place until the end of August the Government has announced. Adjusted checks were introduced in March last year in response to the Covid-19 pandemic and were originally due to end on June 20. However, the Government has confirmed the period will now be … Continue reading New extension to emergency right rent measures
HMRC has warned businesses that took advantage of the coronavirus VAT deferral scheme last year that a key penalty deadline is looming. What’s the story? At the start of the first lockdown, HMRC announced that VAT payments due between 20 March 2020 and 30 June 2020 could be deferred. The amounts deferred needed to be … Continue reading HMRC issues reminder about VAT penalty
Despite the financial pressures caused by the pandemic the government has gone ahead with the planned extension to tax breaks for environmentally friendly vehicles. What might this mean for your business? The end is not yet nigh Businesses wanting to take advantage of the capital allowances (CAs) tax break for environmentally friendly cars and other vehicles have … Continue reading Capital allowances incentive for “green” cars extended
The government has confirmed that the self-employed will receive financial support if their business has been affected by coronavirus. Are you eligible and how can we help you? Who can get the grant? Self-employed individuals or members of a partnership are eligible for a grant representing up to 80% of their average profits if they meet … Continue reading Covid 19 – the Self Employed grant explained.
Just a quick note to all to say we at Milestone want to wish all of our readers a very merry Christmas and an extremely prosperous New Year, what ever it may hold for you. Don't forget that if you haven't yet subscribed to our blog, then for all things Property, Business and Tax then … Continue reading Compliments of the Season
"From keeping track of business mileage to submitting accurate claims, Autotrip helps businesses save time, money and tax by automating every step of the process." - this is our suggestion for reducing your time spent on mileage claims, never miss a journey and hence claim the maximum amount and pay as little tax as possible. … Continue reading What is Autotrip?
Whilst under development - take a view of the video to see what we made of it. We are really proud of our recent development, this is a project by Earl and Pelham Ltd and our Joint Venture partners nmcm Ltd, it is situated just over a mile from Nottingham City Centre. https://vimeo.com/insideoutgrp/review/320265388/c687d68112 For more … Continue reading Take a look at our Enderleigh Mews development taking shape.
Amazing Breakthrough! “Scientists have discovered a revolutionary new treatment that makes you live longer. It enhances your memory and makes you more creative. It makes you look more attractive. It keeps you slim and lowers food cravings. It protects you from cancer and dementia. It wards off clods and the flu. It lowers your risk … Continue reading Book recommendation – “Why We Sleep” by Matthew Walker
I have recently finished this book, after a recommendation from a valued mentor, as always giving it a listen on Audible. My measure of a good book is having listened does a hard copy then make it onto my book shelves and there it sits. This then progresses into a great book for me by … Continue reading Book Recommendation – “Principles” by Ray Dalio