Holiday let owners must prove holidaymakers are renting.
Govt. closes second-home tax loophole
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Government Announcements
New small pension scheme rules set out
Pots valued £100 or less to be exempt from flat fees.
Govt. to reintroduce sick pay rebate scheme
Rebates available from January 2022.
£1bn pledge for Omicron-hit businesses
Firms can claim one-off grants of up to £6k.
Scotland freezes income tax rates in Budget
Speech details tax changes in “transitional Budget”.
Treasury to maintain existing capital gains tax rates
Only technical changes to capital gains tax made.
Latest advisory fuel rates update
New rates for use of company cars from December 2021.
Additional property sales deadline extends
Capital gains tax reporting deadline is now 60 days.
Tax credit claimants urged to check if they need to notify HMRC
Tax claimants on reduced hours may be affected.
New ‘cladding tax’ to start in 2022/23
Revenues to support removal of unsafe cladding.
Shipping firms that fly red ensign flag to get tax breaks
Other reforms to simplify the tax regime.
Sunak extends recovery loan scheme
Applications will be available until June 2022.
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