There are no changes to the Student loan and or Postgraduate loan deductions process as a result of COVID-19, however it is important to remember that you will only make repayments to your student loan once you are earning over the repayment threshold. Each plan has a...
Search
Month: June 2020
Statutory Residence Test and Coronavirus (Covid19)
The coronavirus (COVID-19) pandemic is affecting everyone’s ability to move freely around the globe including to and from the UK. Many individuals carefully plan their days outside of the UK for residency purposes and are now concerned as to what impact an enforced...
COVID-19 Support: Deferring Self-Assessment Payments on Account
Editors Note: This is applicable to payments on account due to be made in July 2020. If you make Self-Assessment payments on account and are due to make a payment in July 2020, then you have the option to defer payment until January 2021. Further information available...
Be Vigilant – HMRC and Covid-19 Scams on the Rise
Increasing number of HMRC coronavirus scams Since the beginning of the Coronavirus pandemic, there has been an exponential increase in fraudsters impersonating tax officials, in order to obtain financial details during lockdown. Numerous scam emails, posing to be from...
Temporary Rule Change – Access your Lifetime ISA Funds Early Without an Additional Withdrawal Charge
(Source: HMRC) People whose income has been affected by Coronavirus and who want to access their Lifetime ISA funds early will no longer face an additional withdrawal charge, thanks to a temporary rule change. The Lifetime ISA (LISA) is intended to help younger people...
Changes to Capital Gains Tax Payment for UK Property Sales
From 6 April 2020, if you are a UK resident and dispose of a residential property, whether by gift or sale, in the United Kingdom you will have 30 days to report and pay any Capital Gains Tax owed to HMRC. Failure to do so within the 30 days will result in interest...
Update on CJRS and SEISS
Coronavirus Job Retention Scheme The Chancellor has announced three changes to the job retention scheme: From 1 July 2020, the scheme will be made more flexible to enable employers to bring previously furloughed employees back part time and still receive a grant for...
Feel confident with your taxes, compliance, and financial strategy, knowing you’re making the most of opportunities to save money.

Contact us at SAIL International
South Africa – Johannesburg
+27 87 551 0525
Book your FREE 15 Minute Consultation
Let's discuss your needs with an expert, gain some valuable insights and see how we can help.
Click below to book your call with one of our consultants now!