SJB & Co Chartered Accountants

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Rishi Sunak

Chancellor’s Summer Statement 8 July 2020

Rishi Sunak announced further measures to support jobs and business sectors severely affected by the COVID outbreak. Grants and reliefs offered included support for: employment, the beleaguered hospitality and tourism industry and included green initiatives as well as a novel scheme to get us to eat out in August. The expected reduction in VAT was …

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Year-end issues – for 5 April 2020, Budget and property tax changes

Whilst we appreciate that much tax year-end activity is no longer relevant or appropriate in the current circumstances, the usual issues may benefit from consideration: Payment of pension contributions prior to year-end to maximise reliefs – reduction in profits next year due to trading circumstances may mean higher tax relief available in the current year; …

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