45,000 visas for seasonal workers will be available for businesses this year, the UK Government confirmed, providing a lift for the UK’s 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 –
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 doesn’t just mean a combination of working from home and in the office – it can mean employees making use of job-sharing,
Following consultation with the border industry, exporters will now have until 30 November 2023 to move across to the Customs Declaration Service (CDS), 8 months later than previously announced. After 30 November 2023, businesses will need to use CDS to make export declarations for goods they send out of the
Following consultation with the border industry, exporters will now have until 30 November 2023 to move across to the Customs Declaration Service (CDS), 8 months later than previously announced. After 30 November 2023, businesses will need to use CDS to make export declarations for goods they send out of the
The mandatory use of software for Making Tax Digital for Income Tax Self-Assessment is being phased in from April 2026. Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) was due to be phased in from April 2024. However, the government, recognising the current economic environment and the significant change
HMRC is reminding taxpayers that they must declare COVID-19 payments in their tax return for the 2021 to 2022 tax year. These grants are taxable and should be declared on tax returns for the 2021 to 2022 tax year before the deadline on 31 January 2023.
UK Export Finance has launched a new product to help support SMEs through challenging market conditions. The new Bills and Notes product is now open to guarantee payments by overseas buyers. The product will be available to more financial institutions with a simpler, more streamlined process.
HMRC has announced their suggested reimbursement rates for employees' private mileage using their company car from 1 December 2022, which are summarized in the table below. The rates have been reduced in line with the recent fall in petrol prices.
With the new year just around the corner and tax season fast-approaching, now’s a good time to get a head start on your self-assessment tax return. Self-assessment is a system HMRC uses to collect tax on income that wasn’t taxed at source. People who are self-employed, such as sole traders,
Setting up an easy route to retirement. With the rising costs of living affecting every aspect of almost everyone’s finances, there’s no time like the present to start considering your retirement plans. Unfortunately, the Government has significantly increased the state pension age over a number of years. The state pension
The Autumn Finance Bill 2022 was published last week, legislating for key tax changes announced by the Chancellor in the Autumn Statement.
The rising cost of living crisis is impacting us all, and charities are no exception.  Fundraising challenges, cost of business increases and volunteer and staff stability are just some of the many issues charities may face.
With all of the U-turns on tax policy in the last couple of months, businesses may be confused about what changes are going ahead and which ones have been scrapped by the new chancellor.
How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not affect companies
The British Standards Institution (BSI) have published a national standard, giving organisations guidance on how to manage modern slavery risks in their operations, supply chains and wider operating environment.
Royal Mail are adding barcodes to their regular stamps. After 31 January 2023, regular stamps without a barcode will no longer be valid. You can either use up these stamps before the deadline or swap them for the new barcoded ones.
Automatic Enrolment has helped millions put more into their pension pots than ever before, according to new figures released to mark 10 years since the policy was introduced.
For  VAT periods starting on or after 1 January 2023, HMRC is replacing the default surcharge with separate penalties for late returns and late payment of VAT. At the same time, HMRC is introducing a new approach to charging interest on late-paid VAT.

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