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30 Jun 2021
Despite the potentially high personal tax charge, many employees still enjoy and prefer the convenience of being offered the use of a company car by their employer. Those employers familiar with the benefit-in-kind tax rules will be aware the tax... Read more
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The pros & cons of electric cars28 May 2021
If you’re self-employed, your business will rack up various running costs throughout 2021/22. Some of those you’re able to deduct as allowable expenses. By deducting these allowable expenses as part of calculating your business’s taxable profits, it’s possible for us... Read more
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Costs you can reclaim on the business30 Apr 2021
The super-deduction enables companies that invest in qualifying new plant and machinery to benefit from a 130% first-year capital allowance. The policy kicked in on 1 April 2021 and allows companies to cut their tax bill by up to 25p... Read more
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Insider: May 202130 Apr 2021
Traditionally, most people get nowhere near breaching the pensions lifetime allowance, but that’s likely to change over the next five years. The lifetime pensions allowance is currently £1,073,100. In his Spring Budget on 3 March 2021, however, Chancellor Rishi Sunak... Read more
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The lifetime pensions allowance30 Apr 2021
Owning and letting out a holiday home, otherwise known as a furnished holiday let (FHL), has always been a popular way of investing and earning income. Not only do FHLs enjoy many tax advantages over normal residential let properties, owners... Read more
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Tax Implications for Furnished Holiday Lets
26 Apr 2021
In these two Zoom webinars, TC Group and H3 Solicitors explore some of the key legal, governance and financial issues that charities will face as we return to some form of normality.
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COVID Webinars: One year on… What are the key issues facing Charities? – Recordings20 Apr 2021
TC Group has a long-established involvement in the not-for-profit sector, working with many charities (including independent schools). The Group’s sector specialists previously operated as Russell New (based in Sussex) prior to their merger in July 2018. The team continues to be based from this office.
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TC Group Charity News – Spring 202104 Mar 2021
The Chancellor has attempted to strike a balance between continuing to prop up the businesses worst affected by COVID-19, while setting out a roadmap to wean the UK economy off this emergency support.
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Spring Budget 202103 Mar 2021
As the country continues to deal with the COVID crisis, Chancellor Rishi Sunak announced in his Budget today a broad range of measures to support businesses and households alongside details of how the ongoing support shall be financed.
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Chancellor announces tax and spending plans in Budget