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01/04/2020

April Tax Tips & News

Welcome to the Lees Limited Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Homeworking flat rate allowances increased

HMRC have announced that it will increase the maximum flat rate tax deduction available where employees incur additional household costs where they work at home under homeworking arrangements Read More...

Reduction in the lifetime limit for entrepreneurs' relief

At Budget 2020 the Chancellor of the Exchequer announced that the lifetime limit of entrepreneurs' relief (ER) would be reduced from £10 million to £1 million Read More...

Changes to off-payroll working rules delayed until 2021

Amid concerns about their potential impact during the coronavirus pandemic, the government has announced a one year delay to changes to the off payroll working rules, due to take effect from April 2020 Read More...

HMRC urge people to prepare for CGT payment change

The amount of CGT payable on account is the amount after applying the applicable rate of tax to the net gain. Read More...

April questions and answers

My business imports goods from the EU. What is the current position regarding postponed accounting for VAT? Read More...

April Key tax dates

5- End of 2019/20 tax year. Last day to use up annual exemptions for capital gains tax, inheritance tax and ISA's Read More...

About Us

Lees Chartered Accountants are based in Surrey, offering local business owners and individuals a wide range of services.

All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website www.leesca.com for more information.

The Granary Brewer Street Bletchingley Surrey RH1 4QP

Lees Limited is a trading name of Lees Chartered Accountants