Tag Archives: accounting service

How does UK Government-sponsored CCFF Help Accountants During the Pandemic Period

The economic scenario of the UK has suffered a terrible set back due to  COVID 19 pandemic, akin to the rest of the world. As we write this page, the total number of COVID positive cases in the UK stands to the tune of 2,88,000 with 44,650 deaths being registered to date. While this the … Continue reading How does UK Government-sponsored CCFF Help Accountants During the Pandemic Period

Tax Rates & Bands Card for 2020-21- A Discussion!

THE INCOME TAX ALLOWANCE BETWEEN THE 2019-20 & 2020-21 ARE AS FOLLOWS Personal allowance: £12,500 (for 2020-21) similar to 2019-20. But this allowance was reduced by £1 for every £2 income from £100,000 to £125,000. Personal allowance income limit; £100,000 (consistent with 2019-20) Basic rate tax payer- £1000 (for 2020-21 & 2019-20) Higher rate tax … Continue reading Tax Rates & Bands Card for 2020-21- A Discussion!