From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply. A summary of the provisions is set out below: The Coronavirus Act 2020 protects most tenants and secure licensees in the private and social rented sectors by putting measures in…
Year: 2020
Redundancy pay
If you are faced with making employees redundant, the terms that determine the amount payable may be written into your staff contracts of employment. Otherwise, employees will normally be entitled to statutory redundancy pay if they have been working with you for two years or…
VAT deregistration strategy
If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT. However, you do not have to deregister. Disadvantages and advantages of deregistration If you buy significant amounts of goods and services that include a VAT charge,…
UK residence and tax
Your UK residence status affects whether you need to pay tax in the UK on your foreign income. For example, non-residents only pay tax on their UK income - they do not pay UK tax on their foreign income. Whereas UK residents normally pay UK…