My son is going to university, and I am considering purchasing a house for him to live in, large enough to allow him to share with a couple of his student friends.

From 1 April 2022, there will be a temporary 1.25% increase in Class 1 (employee) and Class 4 (self-employed) national insurance contributions (NIC) paid by workers, as well as a 1.25% increase in Class 1 secondary NIC which is paid by employers; a 2.5% increase overall!

If you deferred VAT payments due between 20 March 2020 and 30 June 2020 you can pay the deferred VAT in full now OR join the VAT deferral new payment scheme OR contact HMRC on 0800 024 1222 by 30 June 2021 if you need extra help to pay

Support for the self-employed has been given through the SEISS Grants 1, 2 and 3 for 2020/21 and will be given for 2021/22 through SEISS Grants 4 & 5. HMRC have been reviewing cases to check if a business was eligible to receive the grant and will continue as tax returns are filed.