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Taxlab

Taxlab

Chartered Certified Accountants for Livingston, Bathgate, West Lothian & Aberdeen

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Covid-19

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Super-deduction and special rate first year allowance

Archived article: this was published in March 2021. The super-deduction ended on 31 March 2023. Companies can now claim full expensing on qualifying new plant and machinery (made permanent), and the Annual Investment Allowance is £1 million. Read our Budget 2026 summary for the latest capital

Filed Under: Budget, Covid-19, Tax

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Job Support Scheme – Key Points

Archived article: this was published in October 2020 during the Covid-19 pandemic. The Job Support Scheme described here never came into operation and all Covid-19 employment support schemes have closed. For help with payroll today, see our payroll service or contact us.

Filed Under: Covid-19, PAYE, Payroll, Tax

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Covid-19 and the Impact on Small Business

Archived article: this was published in September 2020 and reports on the impact of the Covid-19 lockdown at that time. For help with your business finances today, see our forecasting and budgeting service or contact us. At peak of the Covid-19 lockdown, small business revenues fell by 27% in the

Filed Under: Covid-19

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COVID-19 Self-Employment Income Support Scheme (SEISS)

Archived article: this was published in May 2020 during the Covid-19 pandemic. The Self-Employment Income Support Scheme has now closed and no new claims can be made. For current support, see our grants and funding page or contact us. Background The Chancellor announced the following new measures

Filed Under: Covid-19, Tax

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Covid-19 – Bounce Back Loans

Archived article: this was published in May 2020 during the Covid-19 pandemic. The Bounce Back Loan Scheme closed to new applications on 31 March 2021. For current funding options, see our grants and funding page. Small businesses (limited companies, sole traders and partnerships) are eligible for

Filed Under: Company, Covid-19

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95 South Bridge Street
Bathgate
West Lothian
EH48 1TJ
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