Firm news

Firm news, tax planning and finance blogs by our team

We know how important it is for you to be able to find up to date business information, and our people love to share their knowledge about the news, and accounting and tax legislation. Here you will find links to our latest press releases, as well as tax planning and finance blog posts – all written by the Whitley Stimpson team, so you can read our take on topical subjects, and use our advice to help you to run your business. We have also shared the odd blog post or two about what we get up to in our communities, because we are proud to be a part of the areas where we live and work, and to support them where we can.

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Furlough scheme extended

Furlough scheme extended

The Chancellor has extended the furlough scheme until 30 September 2021, with no employer contributions required until 30 June 2021.

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Stamp duty holiday extended

Stamp duty holiday extended

The Stamp duty land tax (SDLT) threshold was raised to £500,000 from 8 July 2020 to 31 March 2021 and will now remain at that level until 30 June 2021.

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VAT boost for hospitality

VAT boost for hospitality

Government has given hospitality venues a 15% VAT reduction on most sales. Where the business would normally collect 20% in VAT they currently only have to pay 5%.

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Frozen tax bands and allowances

Frozen tax bands and allowances

Income tax and national insurance contribution rates have been frozen for 2021-22 and are likely to remain frozen until the end of this Parliament in 2024.

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