Recent Articles

Apply for up to £10,000 through the ‘Green Homes Grant Scheme’ to make your home more energy efficient

As of the 30 September 2020, householders are able to apply for the Green Homes Grant Scheme to help make their homes more energy efficient, as part of a government energy efficiency push.

The home improvements range from insulating walls, floors and roofs, installing double or triple glazing in place of single glazing and putting in low carbon heating such as heat pumps.

The scheme hopes to make 600,000 properties more energy efficient, save people £600 a year on their energy bills and support 100,000 jobs in local trades across the UK.

Proposals published by the government also aim to improve the energy efficiency of rented homes by requiring landlords to reach an energy performance certificate (EPC) C rating for properties by 2028.

 

You may be eligible for the grant if…

  • You are a homeowner with low income.
  • You own your own home (including long-leaseholders and shared ownership).
  • You own your own park home on a residential site.
  • You’re a residential landlord in the private or social rented sector (including local authorities and housing associations)

You are not eligible if…

  • You cannot get the Green Homes Grant for newly built homes which have not been previously occupied.
  • You cannot apply for the scheme if you have already received a grant from your local authority as part of the Local Authority Delivery Scheme.

You can claim both Energy Company Obligation and Green Homes Grant as long as they are each for different measures, for example – loft insulation and cavity wall insulation. You cannot claim a Green Homes Grant voucher towards the cost of a measure which has also had funding under the ECO.

You can claim both the Domestic Renewable Heat Incentive and the Green Home Grant for a renewable heat installation. You must claim the Green Home Grant voucher first and then notify Ofgem that you have used it when you apply for accreditation to the Domestic RHI. The Green Homes Grant will then be deducted from your Domestic RHI payments.

If you’re only claiming the Green Homes Grant voucher for energy efficiency measures you do not need to notify Ofgem.

You can find more information on the Green Homes Grant Scheme, your eligibility and how to apply on the Gov website.

HMRC Investigations

HMRC InvestigationsAs HMRC start their investigations on business's who have had coronavirus support, you need to know your rights and obligations if your business is picked out for a compliance check. HMRC will be ramping up the checks and investigations for the next...

read more
What’s new with pensions?

What’s new with pensions?

What's new with pensions?As we are now two months into the new tax year, it's the right time to get up to speed with the changes to auto-enrolment and workplace pensions. The lifetime allowance has been frozen at £1,073,100.00 for the tax years 2021/22 - 2025/26. This...

read more
New tax year, new tax code

New tax year, new tax code

New tax year, new tax codeAs the 2021/22 tax year has begun, HMRC have been issuing new tax codes where applicable. The personal allowance has increased from £12,500 to £12,570. A a result, it is necessary to update employee tax codes for the new tax year - 1257L....

read more
Practice Update – April 2021

Practice Update – April 2021

Practice Update - April 2021With a new tax year has upon us we would like to take this opportunity to update you all with some exciting changes within the Adderley, Hill & Co Team. The team will be back in the office full time as of Monday 19 April 2021. We hope...

read more
Tax Year End – 2020/2021

Tax Year End – 2020/2021

Tax Year End - 2020/2021On the 5th April 2021, we will see another tax year pass. So before it does, we wanted to bring some topics to your attention that may be useful. Things to consider doing before the tax year end 5th April 2021; Annual inheritance tax gifts...

read more
Budget 2021

Budget 2021

2021 Budget Update As many of you may be aware, the 2021 Budget was announced yesterday. 3 March 2021 and we wanted to highlight some of the key points that were mentioned. Extended Furlough Scheme / Self-employment scheme The Furlough Scheme has been extended to the...

read more
Local Restrictions Support Grant (For Closed Businesses)

Local Restrictions Support Grant (For Closed Businesses)

Recent Articles Local Restrictions Support Grant (For Closed Businesses) The government have announced that businesses that have been required to close due to local restrictions may be eligible for the new Local Restrictions Support Grant (LRSG). This means that...

read more
Claim Tax Relief For Working From Home

Claim Tax Relief For Working From Home

Claim Tax Relief For Working From HomeIf you have to work from home on a regular basis for either all or part of the week, you may be able to claim tax relief for additional household costs.  This includes if you have to work from home because of COVID-19, but isn't...

read more
Practice Update – October 2020

Practice Update – October 2020

Practice Update - October 2020 TEAM CHANGES We are very sad to announce that Jared, our Trainee Accountant, will be leaving Adderley, Hill & Co at the end of the October 2020. He has been a valued part of the team and with us for over 3 years, joining us fresh...

read more
14 Day Quarantine – Employers Responsibilities

14 Day Quarantine – Employers Responsibilities

14 Day Quarantine - Employers Responsibilities If an employee wants to travel to a country that isn't on the governments travel corridor list for a holiday, they will need to self isolate for 14 days on their return. Travel corridors are countries that you can travel...

read more