| 13-02-2023
The government is taking action against unscrupulous employers that use the controversial practice of āfire and rehireā, it has announced. Last year P&O Ferries sought to evade the law by sacking 786 seafarers without due consultation. Having made no efforts to inform the Business Secretary at the time, they failed
| 06-02-2023
HMRC is inviting people to comment on draft guidance relating to the upcoming R&D tax credit relief reforms. The reforms, expected to be implemented from 1 April 2023, will change how R&D works in practice and set out additional information requirements when applying for the relief.
| 06-02-2023
How the April tax rise affects SMEs. After multiple policy U-turns and much uncertainty, the main rate of corporation tax will rise from 19% to 25% from 1 April 2023, affecting companies with profits of Ā£250,000 and over.
| 30-01-2023
The Department for Work and Pensions (DWP) has announced more detail on the payment schedule for the next round of cost of living support. The cash for means-tested benefits claimants, including those on Universal Credit, Pension Credit and tax credits, starts in Spring and will go direct to bank accounts
| 30-01-2023
The 2017 non domestic rating list is closing. This means that you have up until 31 March 2023 to check that the factual information the Valuations Office Agency (VOA) holds about your property on this list is correct, and to let them know if it isnāt (this is known as
| 30-01-2023
The Nation will have the opportunity to join aĀ weekend of celebrationsĀ to mark the Coronation of His Majesty The King and Her Majesty The Queen Consort. Coronation Big Lunches, thousands of street parties, and The Big Help Out will bring communities together over special Bank Holiday Coronation weekend
| 30-01-2023
The new tax year starts 6 April 2023, so you have a couple of months to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before the 6 April.
| 25-01-2023
A range of polluting single-use plastics will be banned in England, Environment Secretary ThĆ©rĆØse Coffey has announced. The ban will include single-use plastic plates, trays, bowls, cutlery, balloon sticks, and certain types of polystyrene cups and food containers. This ban will be introduced from October 2023, allowing businesses time to
| 25-01-2023
HMRCĀ has revealed that more pensioners filed a tax return for the 2020 to 2021 tax year compared to young people. Overall, those aged 65 and over accounted for 16% of individuals who submitted a tax return, whereas 16 to 24 year olds made up 2.7% of total filers.
| 25-01-2023
The UK Government has published the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental bereavement pay, and sick pay from April 2023.
| 17-01-2023
Divorcees considering remarrying should be aware of the āremarriage trapā.Ā This is where the couple gaining a successful end to their legal marriage, does not conclude a financial settlement at the same time as they get divorced.
| 17-01-2023
While the rise in interest rates is welcome to many, savers are facing the prospect of paying tax on their savings for the first time in some years.Ā Ā Rises in salary earnings are also pushing a larger number of people into the higher rate or additional rate income tax band,
| 17-01-2023
Businesses are being advised that time is running out to be able to take advantage of the Corporation Tax super-deduction capital allowance scheme. This allows businesses to claim back 130 per cent on investments made in plant or machinery.
| 17-01-2023
For many individuals in the UK, gifting to grandchildren can be a great way to reduce their tax burden. But before entering into any gifting arrangement, it is important to understand the various tax considerations that come with it. In this blog post, we will discuss some of the key
| 17-01-2023
If you own a small business and are also a shareholder director, you may be wondering whether to take a salary or dividends. When it comes to paying yourself, there are both advantages and disadvantages to each option, including potential tax savings.
| 16-01-2023
A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are applied, as well as how interest is calculated and paid. In this article, weāll break down what you need to know about the changes.
| 10-01-2023
45,000 visas for seasonal workers will be available for businesses this year, the UK Government confirmed, providing a lift for the UKās horticulture industry. The allocation will allow businesses to recruit foreign workers to come to the UK for up to six months through the Seasonal Worker visa route ā
| 10-01-2023
Employees in Britain will be able to request flexible working from day one of their employment, under new government plans to make flexible working the default. Flexible working doesnāt just mean a combination of working from home and in the office ā it can mean employees making use of job-sharing,