Move back to normality

Nigel Holland ” A number of businesses have been given the go ahead to open on 4 July by the Government. These include restaurants, hairdressers, hotels, pubs and other businesses.Seating will need changing, customers urged to book in advance.Covid 19 risk...

Call for reduction in Tax

Nigel Holland ” A number of people are now calling for a reduction in tax to stimulate the economy. This may be introduced by a cut in VAT or a cut in income taxes or corporation tax.Such a cut would be likely to stimulate the economy in the short term but in...

More Spending

Nigel Holland “The Bank of England will pump £100bn into the economy and yet the policy makers believe that the hit to the economy will be “less severe” than originally feared.This comes off the back of news that the UK’s debt is now worth more...

Tax on Children

Nigel Holland ” Children are liable to pay tax on savings. They have the same income tax allowance as adults. But they are able to earn £18,500 tax free in 2020/21.In almost all cases this is irrelevant because children generally do not earn money.”Nigel...

Tax on company cars

Nigel Holland ” There is a benefits in kind tax on the use of company cars. A PIID form needs to be submitted to HMRC.One tip is to get a car which has low CO2 emmissions.”Nigel Holland You’ll pay tax if you or your family use a company car privately,...
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