News
Recovery Loan Scheme Extended for a Further Two Years
Help is at hand for small and medium-sized business feeling the squeeze as the Government has extended the Recovery Loan Scheme (RLS) for a further two years. The scheme was launched in April 2021 to help businesses recover from the impact of the Covid-19 pandemic. To...
read moreSelf Assessment Tax – July Payment on Account
If you have completed a self-assessment tax return for 2020/2021 or 2021/2022 you may be due to make a payment on account by 31st July 2022. Not everyone is expected to make July payments on account, if you are unsure the following information may help you to...
read moreClass 1A National Insurance for 2021-22
If you are an employer and you provided your employees with taxable benefits and/or expenses in the 2021/22 tax year, you will need to pay your Class 1A National Insurance contributions by 22 July 2022 (19 July 2022 if you pay by cheque). In this short update we...
read moreMaking Tax Digital for Landlords
From April 2024, landlords with rental income in excess of £10,000 per annum will need to submit quarterly returns of income and outgoings to HMRC using their Making Tax Digital (MTD) links. This will not apply to property owners who run their property business using...
read moreThe Chancellor’s Spring Statement
With inflation hitting a 30-year high of 6.2% in February, the Chancellor has been under pressure to deliver something resembling a mini-Budget in this years Spring Statement, which usually is only intended to be an economic update. Sunak's responded to the cost of...
read moreCharitable Donations & Tax Planning
The events in Eastern Europe in recent days have focused our attention on the plight of displaced persons in Ukraine and how we might donate to ease their suffering. This blog sets out the tax relief you can claim should you donate to charities helping Ukraine or...
read moreWe’re Hiring! – Position Filled!
Looking for a new job in the new year? - Join our team! Price Davis is an established and forward thinking accountancy practice based in Painswick, easily accessible from Cheltenham, Gloucester and Stroud. We are keen to recruit a Personal Tax Senior to work with our...
read moreThe Autumn Budget 2021
The Chancellor, Rishi Sunak, presented his Autumn 2021 Budget and Spending Review on 27 October 2021. We have complied an analysis of the main changes and how these may affect your individual and business finances. Impact on Personal Taxes or Finances Income Tax...
read moreRemote Working Overseas – Tax, HR & Payroll Implications
Remote Working Overseas – Tax, HR & Payroll Implications During the Coronavirus pandemic, it has been mandated by the UK Government that those who could work from home, should work from home. Allowing many companies to continue trading by allowing their staff to work...
read moreCovid19 Business Recovery Loan
What is the Business Recovery Loan? In the March Budget, Chancellor Rishi Sunak stated: “As the Bounce Back Loan and Coronavirus Business Interruption Scheme (CBILS) come to an end, we are introducing a new Business Recovery Loan Scheme to take their place.” Under the...
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