Covid Job Support Scheme from Nov 20

Covid Job Support Scheme from Nov 20

Rishi Sunak, the Chancellor, announced a new Job Support Scheme which is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce. The scheme will open on 1...
Let Property Campaign – Reasonable excuse?

Let Property Campaign – Reasonable excuse?

The challenge An individual, we’ll call her Becky, approached us at SME Strategies having read a blog we wrote on undisclosed rental income and HMRC’s Let Property Campaign. Becky had a rental property owned in her sole name but which was managed by her former...
Pursuing professional negligence

Pursuing professional negligence

Background The owners of a rental property business were given some unprompted written professional advice from their accountants. It involved moving properties out of the property company into personal names to avoid CGT. The advice was taken and acted upon by the...
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