Archive
Updates from the Clayton & Brewill team.
Recovery Loan Scheme now up and running
Earlier this year, the government announced the Recovery Loan Scheme – a successor loan scheme to support UK business recovery. With earlier Covid-19 loans, like the Bounce Back Loan, closed to applications since 31 March 2021, this new scheme could serve as a valuable lifeline for eligible businesses, as Clayton & Brewill explains. What is… View Article
Furnished holiday lettings: how to preserve your FHL status?
Furnished holiday lettings (FHLs) have their own tax treatment, reliant on a set of strict day-count rules. With the impact of Covid-19 on occupancy, business owners may need to take stock of their position, as Nottingham chartered accountants, Clayton & Brewill, explains. There are special tax rules for rental income from properties that qualify as… View Article