Monthly Archives: May 2021

25 05, 2021

Holiday let landlords unable to carry back losses

Simon Cox2021-05-25T19:58:43+01:00May 25th, 2021|property income, Tax, tax efficiency|

The current Finance Bill was published on 11 March 2021. However, some changes have been made during its passage through Parliament. Why is one subtle change bad news for owners of furnished holiday lets? Budget 2021 included the announcement that there will be a temporary extension to loss relief for self-employed traders. The extension allows losses [...]

18 05, 2021

Tempted by tax breaks for green cars?

Simon Cox2021-05-18T09:34:28+01:00May 18th, 2021|Benefits, Company car, Tax, tax efficiency|

The government is committed to “green” motoring as part of its carbon reduction programme and has gone ahead with its planned extension to tax breaks for zero- emission cars. What will the impact be? Extension Businesses wanting to take advantage of the capital allowances (CAs) tax break for environmentally friendly cars and other vehicles have been [...]