Blog

Do you own a commercial property or leasehold?

Date: 10th July 2020

Oaktree Accountants Ltd are delighted to team up with CPA Tax (Capital Allowance Claim Specialists) to help you claim back all capital allowances on your premises and reduce your tax liability.

Have you applied for your Self Employed Income Support (SEISS)?

Date: 9th July 2020

If you are self-employed or a member of a partnership and have been adversely affected by COVID-19 you may be eligible for the Self Employed Income Support Scheme (SEISS).

Summer Statement

Date: 9th July 2020

The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community today, 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken to control infection.

The main

Finance Bill 2020 progress

Date: 8th July 2020

The government’s Finance Bill 2020 (formally known as Finance Bill 2019-21) has now completed its passage through the House of Commons and the 1st reading at the House of Lords took place on 2 July 2020. This stage is a formality that signals

Reminder of businesses opening since 4 July 2020

Date: 8th July 2020

A reminder that since 4 July 2020, many business sectors have been given permission to reopen in England. The businesses are expected to follow COVID-19 secure guidelines.

The categories of businesses that have been allowed to reopen

Corporate Insolvency and Governance Bill receives Royal Assent

Date: 8th July 2020

The Corporate Insolvency and Governance Act 2020 (the Act) received Royal Assent, with most provisions coming into force on 26 June 2020. The Act addresses numerous issues arising for businesses from the COVID-19 pandemic to give distressed

Reclaiming VAT after deregistration

Date: 8th July 2020

Businesses can close a VAT registration for two main reasons. For example, the business has stopped making taxable supplies or a voluntary deregistration can be made by businesses that does not expect its taxable turnover to exceed the deregistration

SEISS further update

Date: 8th July 2020

HM Treasury has published a further Treasury Direction made under the Coronavirus Act 2020, ss. 71 and 76, which modifies and extends the effect of the Self-Employment Income Support Scheme (SEISS).The Direction mainly deals with the expansion of the

Tax Credits updates required this month

Date: 8th July 2020

Families and individuals that receive tax credits should ensure that they review their tax credit claims by 31 July 2020. Claimants who do not inform HMRC about relevant changes in their circumstances by the deadline date may have their payments

UK VAT claims by non EU businesses

Date: 8th July 2020

There are special rules for businesses established outside the EU submitting a claim for VAT incurred on goods or services bought in the UK. The exact rules that determine what VAT is refundable can be complex. There are also a number of conditions