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Blog

The Help to Grow Management Programme

Who is behind this course? • The UK government. • It was announced in the 2021 Budget. What is the aim of this programme? • To provide chief executives or members of a senior management team the skill set to develop their reach in growth markets. • To improve employee engagement. • To strengthen each […]

Cryptoassets – The UK Tax Position

HMRC’s viewpoint • There is no specific Cryptoassets (CAS) tax legislation. • The tax position will depend upon a number of factors such as the level of activity involved, how the CAS were acquired and what happened to the CAS in your possession. When might a capital gains tax liability arise? • When you sell […]

The Recovery Loan Scheme (RLS)

What is the aim of the RLS?  • To enable UK businesses who have been affected by the Covid-19 pandemic to access Government backed loans from accredited lenders.  When does the RLS open?  • It opens on 6th April 2021 and will run until 31st December 2021.  What type of business is eligible for the […]

What’s changing from April 2021?

Van Benefit Charge • From 6th April 2021, the van benefit charge is reduced to zero for employees provided with vans that produce zero carbon emissions. Capital allowances from 1st April 2021 – Cars • A 100% first year allowance for cars will only be available for electric cars or cars with zero CO2 emissions […]

Company Super Deduction Allowance 130%

What is it? • It is a 130% first year allowance deduction for expenditure incurred in purchasing plant & machinery that would normally qualify for a main rate writing down allowance of 18%. When can you claim it? • You can claim it for expenditure incurred on or after 1st April 2021 up to and […]

Electric Switchover – The Benefits

• There is a Government ‘plug in’ grant of up to £3,000 or 35% of the purchase price if lower, off the cost of acquiring a new car with CO2 emissions of less than 50g/km. It must have an electric mileage range of 70 miles or more and the recommended retail price (Including delivery fees […]

Scottish Marine & Outdoor Tourism (Covid-19) Restart Fund (MOTRF)

Who is MOTRF aimed at? Marine and boating tourism operators (MBTO). Outdoor wildlife, adventure and activity sector tourism businesses (OWAA). These business sectors will be faced with seasonal re-commissioning and re-start costs ahead of the 2021 season.   What is the MOTRF grant? The grants will be paid over a range of award amounts up to a maximum […]