Oct 8, 2021 | Uncategorised
Making Tax Digital (MTD) for Income Tax & Self-Assessment (ITSA) delay Making Tax Digital for Income Tax & Self-Assessment which was due to be introduced in April 2023, has been postponed until April 2024. What does this mean for you? Although there has been a...
Mar 4, 2021 | Uncategorised
Despite the rumours that capital gains tax was going to be radically overhauled in the Budget, it was corporation tax that saw the most significant change. What’s the story? Speculation that companies would see their tax rates increase in the Budget proved to be...
Mar 4, 2021 | Uncategorised
The Chancellor delivered his Budget this week. There were fears over stiff capital gains and other tax rises, plus expectations of handouts for businesses. What did Mr Sunak actually announce and how might his new tax measures affect you? Below is a summary of the...
Nov 19, 2020 | Uncategorised
The Law S55A VATA 1994 (customers to account for tax on supplies of goods or services of a kind used in missing trader fraud) provides that where a taxable person makes a supply of goods or services to which that section applies, and the supply is not an excepted...
Sep 24, 2020 | Uncategorised
The Chancellor, Rishi Sunak, has set out the government’s new job retention measures in a statement to the House of Commons. The furlough scheme will come to an end, as planned, on 31 October 2020. The government says it cannot keep jobs open only inside the...
Jul 16, 2020 | Uncategorised
Good news for the catering and holiday accommodation sectors. HMRC have finally updated their flat rate percentages for the businesses mostly affected by the Coronavirus pandemic. Reduced rates will apply from 15 July 2020 to 12 January 2021. Catering services...