Business Update – May 2021
28 May 2021
We have published our May issue of Business Update. Our insights include:
What is the Recovery Loan Scheme?
Launched on 6 April 2021, this new lending scheme is aimed at helping businesses in their continued recovery and potential growth over the next 12 months. We outline the details of the scheme and how it could support your business. Read more.
The tax benefits of electric vehicles
Zero and low-emission vehicles are becoming increasingly popular. What exactly are the tax benefits? And is now the time to consider switching to these types of vehicles?
IR35 and the on-going responsibility for off-payroll workers
Changes from 6 April 2021 mean that businesses need to have processes to evaluate the employment status of their contractors. Our experts can help with this. Read more.
Business Asset Disposal Relief (BADR)
We take an in-depth look at BADR (previously called Entrepreneurs’ Relief). A capital gains tax (CGT) relief intended to incentivise individuals to grow and invest in their businesses, BADR can be a valuable source of relief for higher and additional rate taxpayers. Read more.