| 14-03-2023
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC) has also confirmed that the way theĀ advisory electricity rate (AER)Ā is calculated has been changed to better reflect energy prices, particularly with soaring electricity
| 07-03-2023
The gender pay gap is the difference between the average (mean or median) earnings of men and women across a workforce. From 2017, if you are an employer who has a headcount of 250 or more on your āsnapshot dateā you must comply with regulations on gender pay gap reporting.
| 07-03-2023
If you are due to file accounts with Companies House, use the online services where possible and allow plenty of time before your deadline. File online before your deadline. Companies House will send you an email to confirm that they have received your accounts. They will send you another email
| 07-03-2023
From 2025, ISDN (integrated services digital network) and PSTN (public switched telephone network) telephone lines will be permanently turned off. This applies to business and home customers.
| 07-03-2023
The new penalties will impact businesses who submit theirĀ VATĀ returns or pay theirĀ VATĀ late. The first monthly returns and payments affected by the penalties are due by 7 March 2023.
| 01-03-2023
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them.
| 01-03-2023
Fairtrade Fortnight 2023 has begun today, 27 February and lasts until 12 March and the theme this year is food. This means you could focus on any aspect of Fairtrade and food to celebrate Fairtrade Fortnight 2023. This could be, climate change and food production, Fairtrade procurement, or food security
| 01-03-2023
For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they control the company outright and
| 01-03-2023
HMRC state that they have seen an increase in fraudulent claims for Research & Development (R&D) tax relief. They believe companies in certain sectors are being deliberately targeted by third parties to make inaccurate R&D claims as an amendment to their Company Tax Returns. As a result of this, they
| 01-03-2023
The Age-Friendly Employer Pledge is an initiative run by the Centre for Ageing Better to help promote age-inclusive working practices. The programme encourages employers to commit to improving work for people in their 50s and 60s and helps them take the necessary action to help older workers flourish in a
| 01-03-2023
The Association of Taxation Technicians (ATT) welcomes a report by the House of Lords expressing concern over proposed reforms to the R&D scheme. The report, published on 31 January, highlights the need to pause any upcoming changes to the SME and R&D expenditure credit (RDEC) schemes. Some of the changes
| 01-03-2023
Speaking at Bloomberg's European HQ in London on 27 January, Chancellor Jeremy Hunt outlined plans to grow the UK economy and turn the country into "one of the most prosperous countries in Europe".
| 01-03-2023
Despite a record 11.7 million people submitting their tax returns on time, over 300,000 taxpayers missed the self-assessment deadline. On 31 January, 861,085 taxpayers filed online to meet the deadline, some with minutes to spare ā 36,767 individuals filed in the last hour before the deadline. The peak filing hour
| 01-03-2023
The Bank of England (BoE) has raised its interest rate by 0.5% to 4% following a monetary policy committee (MPC) meeting on 2 February. This is the tenth consecutive time the Bank has increased interest rates, resulting in the highest base rate in 14 years.
| 01-03-2023
Next phase of digital tax scheme to start in 2026. Making Tax Digital for income tax self-assessment (MTD for ITSA) was originally set to roll out in 2018, but the road to personal tax digitalisation has been relatively rocky to date.
| 21-02-2023
Small and local charities, working with people facing complex issues and barriers, can apply for grant funding from Lloyds Bank Foundation for England and Wales. Specialist charities with an annual income between Ā£25,000 and Ā£500,000 can apply for a three-year, unrestricted grant of up to Ā£75,000.
| 21-02-2023
Training programmes to attract new recruits and improve the quality of training in the fishing, seafood, and aquaculture sectors have been awarded funding from theĀ Ā£100million UK Seafood Fund.
| 21-02-2023
If you are planning to claim the UK state pension you should check your national insurance (NI) record before 5 April 2023. At present, voluntary contributions can be made to plug gaps back to April 2006, but this will be curtailed from April.