coronavirus | My Taxes Plus

Automatic Filing Extensions Due to Come to an End

Mar 25, 2021Linda CaseyAccounting Newsaccounting, business, business administration, Companies House, coronavirus, Corporate Insolvency and Governance Act, UK

The automatic extensions granted by the Corporate Insolvency and Governance Act will come to an end for filing deadlines that fall after 5 April 2021.…

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Who Can Claim Grants Under the Furlough Scheme?

Mar 12, 2021Karen WilkinsonAccounting News, Tax Newsbusiness, coronavirus, Coronavirus Job Retention Scheme, furlough, UK

If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.…

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Furlough Scheme Extended Until End of September

Mar 3, 2021Karen WilkinsonAccounting News, Tax Newsbusiness, coronavirus, Coronavirus Job Retention Scheme, UK

The Coronavirus Job Retention Scheme (CJRS), which was due to end in April, will now be extended until the end of September.

…

Furlough Scheme Extended Until End of April

Dec 17, 2020Karen WilkinsonAccounting Newsbusiness support, coronavirus, Coronavirus Job Retention Scheme, furlough, UK

The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended until the end of April. …

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Extended CJRS: How to Calculate Your Employees’ Hours and Wages

Nov 5, 2020Linda CaseyAccounting News, Tax Newsbusiness, business support, coronavirus, Coronavirus Job Retention Scheme, UK

This policy paper applies for CJRS claims for periods starting on or after 1 November 2020.…

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UK tax law, tax news, Smart Tax Calculator, Tax Policy Attractiveness Index. #Taxation #TaxLaw #FinancialLaw #FinancialPlanning #WealthManagement @LSFL_ProfDev

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Andrew Lokenauth @fluentinfinance ·

23 September

The odds of an IRS tax audit are under 1% if you make between $1 and $500,000.

You have a 2% chance of a tax audit if you report $0 income (or a loss)

You have a 7% chance if you report over $10 million.

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Tax Foundation @taxfoundation ·

23 September

The European Union is eyeing a new wealth tax to raise more revenue from own resources, fund the #EU budget, and repay debt accumulated to finance the post-pandemic economic recovery.

@crisberechet

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Ben Chu @benchu_ ·

23 September

...YouGov polling from July 2023 also found more than half of respondents thought that the £ threshold for inheritance tax liability was £500k or less - remember that for a typical couple's estate it is actually now £1m... https://docs.cdn.yougov.com/3bqa98csy2/TheTimes_InheritanceTax_230711.pdf

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Ben Chu @benchu_ ·

23 September

...under the @OBR_UK's latest projections the share of estates liable for inheriance tax will indeed rise over the decade - but only to 7%

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Ben Chu @benchu_ ·

23 September

...YouGov polling in July 2023 found 31% of people expecting their estates to be liable to pay inheritance when they die (remember the % of estates liable in 2020/21 was less than 4%)... https://docs.cdn.yougov.com/3bqa98csy2/TheTimes_InheritanceTax_230711.pdf

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Ben Chu @benchu_ ·

23 September

@resfoundation ...Another bit of context - @TheIFS projects inheritances received by households over their lifetimes to grow in the coming years, with individuals from wealthier families (on right of chart) gaining by more...https://ifs.org.uk/sites/default/files/output_url_files/R188-Inheritances-and-inequality-over-the-lifecycle%252520%2525281%252529.pdf

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Ben Chu @benchu_ ·

23 September

....this @resfoundation chart shows how the effective £ threshold for an estate's inheritance tax liability has been repeatedly and dramatically raised over the past 15 years... https://www.resolutionfoundation.org/app/uploads/2018/05/IC-inheritance-tax.pdf

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Tag: coronavirus

Automatic Filing Extensions Due to Come to an End

The automatic extensions granted by the Corporate Insolvency and Governance Act will come to an end for filing deadlines that fall after 5 April 2021.…

Read More

Related Posts

Who Can Claim Grants Under the Furlough Scheme?

If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.…

Read More

Related Posts

Furlough Scheme Extended Until End of September

The Coronavirus Job Retention Scheme (CJRS), which was due to end in April, will now be extended until the end of September.

Related Posts

Furlough Scheme Extended Until End of April

The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended until the end of April. …

Read More

Related Posts

Extended CJRS: How to Calculate Your Employees’ Hours and Wages

This policy paper applies for CJRS claims for periods starting on or after 1 November 2020.…

Read More

Related Posts

Automatic Filing Extensions Due to Come to an End

The automatic extensions granted by the Corporate Insolvency and Governance Act will come to an end for filing deadlines that fall after 5 April 2021.… Read More

Related Posts

Who Can Claim Grants Under the Furlough Scheme?

If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.… Read More

Related Posts

Furlough Scheme Extended Until End of September

The Coronavirus Job Retention Scheme (CJRS), which was due to end in April, will now be extended until the end of September.

Related Posts

Furlough Scheme Extended Until End of April

The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended until the end of April. … Read More

Related Posts

Extended CJRS: How to Calculate Your Employees’ Hours and Wages

This policy paper applies for CJRS claims for periods starting on or after 1 November 2020.… Read More

Related Posts

The automatic extensions granted by the Corporate Insolvency and Governance Act will come to an end for filing deadlines that fall after 5 April 2021.…

Read More

If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.…

Read More

The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended until the end of April. …

Read More

This policy paper applies for CJRS claims for periods starting on or after 1 November 2020.…

Read More