tax refund

Coronavirus – tax loss scheme

Coronavirus – Tax Loss Scheme The government has announced details on the changes to tax losses as part of a suite of measures to assist with the economic downturn caused by the COVID-19 lockdown. The scheme will allow entities to offset a loss in a particular tax year against a profit in a previous year. …

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Personal tax deductions – are there any left?

Personal tax deductions – are there any left? If you are on a PAYE salary, the number of expenses you can claim is rather limited but there are still some that are worthwhile. Accounting fees The fees charged for preparing your personal return are fully deductible. Donations A donation to a charity is deductible. You …

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