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How to access coronavirus support schemes

Details on how to apply for emergency measures.

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5 personal tax changes for 2020/21

What you need to know as the new tax year gets under way on 6 April.

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Second phase of MTD for VAT delayed

1 Apr

HMRC defers rollout of more stringent rules until 1 April 2021.

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Govt. urged to plug gaps in self-employed scheme

31 Mar

Tax group raises concerns about those excluded.

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Govt. updates coronavirus job retention scheme advice

30 Mar

Grants can cover pension and NI contributions.

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Warning on coronavirus-related scams

25 Mar

Sharp spike reported in four days last week.

What to look out for

Interest rates slashed to a 325-year low

20 Mar

Govt. set to announce wage subsidy package.

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Dates and Deadlines

Residence nil-rate band
Residence nil-rate band increases from £150,000 to £175,000.
Buy-to-let finance costs
Percentage of finance costs deductible from rental income reduces to 0%. Percentage of basic rate reduction is 100%.

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AMS Accountancy

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