Get your tax in order as National Insurance rises
Posted on April 28, 2022 Posted in - Blog, Business Blog, Tax, Tax Blog
With the arrival of April’s payslips in people’s pockets, the recent rise in National Insurance will be clear to see.
Category: Tax Blog
Discovery assessments: Catch up with the latest changes
Posted on April 19, 2022 Posted in - Blog, Business, Business Blog, Tax, Tax Blog
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government.
Generous tax incentives for investing in higher risk enterprises
Posted on April 13, 2022 Posted in - Blog, Business Blog, Tax, Tax Blog
With the cost of living rising steeply and taxation at its highest level for decades, tax breaks are welcome, particularly for those looking to invest their money in business.
Employers given £1,000 saving thanks to rise in Employment Allowance
Posted on April 8, 2022 Posted in - Blog, Business Blog, Tax Blog
First announced by the Chancellor in the Spring Statement, changes to the Employment Allowance, worth up to £1,000 for eligible small businesses, came into effect on 6 April.
Steep price rise warning as hospitality businesses yet to receive Omicron funding
Posted on April 7, 2022 Posted in - Blog, Business, Business Blog, leisure and hospitality, SME, SMEs, SMEs / Business, Tax, Tax Blog, Tax News, VAT
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
R&D Tax Credits – What is changing next year
Posted on April 5, 2022 Posted in - Business News, R&D, Tax Blog
Several important changes are happening to research and development (R&D) tax reliefs in April 2023, which could affect what income qualifies for R&D tax relief that businesses need to account for in their
Latest deadline for Making Tax Digital for VAT comes into force imminently
Posted on March 31, 2022 Posted in - Blog, Business Blog, Making Tax Digital, Tax Blog
A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system.
Plastic Packaging Tax: what to know as deadline looms
Posted on March 18, 2022 Posted in - Blog, SME, SMEs, SMEs / Business, Tax, Tax Blog
There are just two weeks left until the Plastic Packaging Tax (PPT) comes into effect on 1 April 2022.
Watch out for tax scams, warns HMRC
Posted on March 10, 2022 Posted in - Blog, Business Blog, Scam, Tax, Tax Blog
HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity.
Act now to continue receiving tax credits, says HMRC
Posted on March 4, 2022 Posted in - Blog, Business Blog, HMRC, Tax, Tax Blog
Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.