Aug 11, 2023HMRC Interest RatesHMRC has revised interest rates for late payments following the Bank of England's interest rate rise to 5.25%. The Bank's Monetary Policy...
Jan 19, 2022Changes to claiming Subcontractor Construction Industry (CIS) deductionsHMRC have issued recent guidance on changes to claiming subcontractor Construction Industry Scheme (CIS) deductions as part of their...
Jan 13, 2022HMRC reminds businesses to prepare for MTD for VATBusinesses should take steps to prepare for Making Tax Digital ("MTD") for VAT before it becomes mandatory for all VAT-registered...
Jan 5, 2022What limited company expenses can I claim?Limited company expenses are allowable expenses that your business can claim, helping you reduce your corporation tax bill. You subtract...
Dec 23, 2021Treasury to maintain existing capital gains tax ratesThe Treasury has dismissed recommendations from the Office of Tax Simplification (OTS) to allowing capital gains tax with income tax,...
Dec 21, 2021April 2022 Statutory Maternity, Paternity and Sick Pay rates publishedThe government has published the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental...
Dec 14, 2021Reforming registration for individuals with income from self-employment of propertyThe Government is calling for evidence on income tax self-assessment (ITSA) registration to find out whether bringing forward the point...
Dec 11, 2021Treasury rules out IHT reform recommendationsThe Government has decided not to take on recommendations made by the Office of Tax Simplification (OTS) for inheritance tax. The OTS Has...
Dec 8, 2021The Christmas party tax exemption for employersAs we head into another festive season, many employers are now, more than ever, looking to bring a little bit of cheer to their employees...