Watch it back: ‘Virtual Breakfast’ Q&A with Director & Rural Adviser, Paul Neate & Rural Tax Adviser, Catherine Vickery

5:00 VAT reducing from 20% to 5% for restaurants, accommodation and attractions.

I have a holiday let, can I utilise the VAT reduction?

Someone is coming to my holiday let in August but they have already paid, do I need to pay them back the reduced VAT?

12:12 Stamp Duty Land Tax

15:29 Job Retention Bonus

18.43 Property energy efficiency grant

Can you explain self-assessment tax in easy to understand terms?

Do I have to pay my July tax payment on account?

Do I still have to file my self-assessment tax return if I am deferring?

What does the government deferral mean for me?

What advantages are there to defer?

What will I need to pay if I defer?

Does deferring my payment on account stop me from being entitled to other coronavirus support from the government?

Should I continue to pay the July tax payment if I have the cash to do so?

I don’t want a large tax bill in January, what other options are there for me?

What are the details of this grant?

How could this help our farming clients?

How do I access the funding?

What will I be able to use the grant for?

Should I be reviewing my tax position for the benefit of the next generation now and why?