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Our Financial News Blog

Welcome to our financial news blog, here we regularly post news and updates from Stuart Hoare and the financial sector in general. Please subscribe to our newsletter to receive a regular quarterly update.

Latest News...

Offices to Let

Offices to rent, separate access Rents are fully inclusive of light & heat and business rates, no services charges Wi-Fi / internet access provided Fully alarmed offices for intruder and fire - Separate kitchen for tenants, Contact us for viewing and further...

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If an employer has asked an employee to work from their own home, it can pay a tax-free allowance of £6 per week to compensate for any additional costs incurred. These costs may include additional electricity, gas or water consumed while at home in working hours. If...

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Corporation Tax Complexity

The Chancellor announced that taxes would have to rise, but not quite yet, as all tax rates except for VAT are frozen for 2021-22. Large companies will then see their corporation tax rate rise from 19% to 25% from 1 April 2023.Companies making no more than £50,000...

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Working at Home Expenses

Many workplaces are currently closed and employees are working at home where possible to prevent the spread of COVID-19. This comes with advantages, not least avoiding the daily commute, but may also create costs for the employee such as additional power and water...

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Grants from Local Authorities

To help businesses struggling due to the COVID-19 lockdown, local authorities have been distributing grants of £25,000 or £10,000 to certain businesses which pay business rates on properties with a rateable value of less than £51,000. In addition businesses which...

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Self-Employed Grants

If you are self-employed and your business has been adversely affected by COVID-19 you may be eligible to claim a grant from HMRC of up to £7,500. To qualify for this self-employed income support scheme (SEISS) you must meet all of these conditions:you traded in...

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Gains from Off-Plan Homes

If you bought your home brand new and 'off-plan' you may realise a significant capital gain when you sell that property. This is not a problem if you occupied the property as your main home for your entire period of ownership. In that case principal private residence...

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Car Benefit Confusion

From 6 April 2020 the calculation of company car taxable benefits will be changed to favour electric and hybrid vehicles. This is good news for some company car drivers. However, due to a switch in the methods used for measuring vehicles' CO2 emissions, there will be...

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Offshore Investment Funds

HMRC are writing to taxpayers where there is information to suggest those individuals have invested in an offshore collective investment fund. If you hold any amounts in offshore investment funds, however small, you may have to declare the income or gains received on...

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023 9225 4404

87 London Road, Cowplain, Waterlooville, Hampshire, PO8 8XB
Monday - Friday, 9:00am-5:00pm

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Stuart Hoare Chartered Accountants

87 London Road, Cowplain,
Waterlooville, Hampshire, PO8 8XB

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