The soaring cost of goods and services have pushed the UK inflation rate to its highest level in almost 30 years, a major study has revealed.
Small businesses could get up to £5,000 to pay for cloud accounting software under the Help to Grow: Digital scheme, it has been announced.
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.
The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury). Read more…
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Small and medium-sized enterprises (SMEs) that do not use Making Tax Digital (MTD) for VAT make more errors than those that do, a major study has revealed.
Certain tourism businesses have been invited to apply for grant funding to support their recovery in the wake of the coronavirus pandemic.
It should perhaps be no surprise given the circumstances of the pandemic that individuals and businesses might have incurred penalties for late tax payments.
Annual investment in companies with goals to tackle climate change has quadrupled since 2018. Read more…
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced. Read more…
