top of page
Search


Treasury rules out IHT reform recommendations
The Government has decided not to take on recommendations made by the Office of Tax Simplification (OTS) for inheritance tax. The OTS Has...
Dec 11, 2021


The Christmas party tax exemption for employers
As we head into another festive season, many employers are now, more than ever, looking to bring a little bit of cheer to their employees...
Dec 8, 2021


Government confirms state pension rate for 2022 to 2023
The Department for Work and Pensions (DWP) has confirmed that the state pension will rise by 3.1% next April, in line with the consumer...
Dec 6, 2021


Mileage and Fuel Allowance
If you're looking at mileage allowances for business use of employees own vehicles, and reviewing or planning your finances, please feel...
Dec 2, 2021


Will the pensions triple lock be scrapped for good?
Proposals made in the House of Lords to retain the state pension triple lock were rejected by the House of Commons on 15 November 2021....
Nov 26, 2021


MTD for VAT from April 2022
HMRC has started to write to VAT registered businesses with turnover below £85,000 to alert them to the need to comply with MTD for VAT...
Nov 25, 2021


Student loan repayment guidance for employers
HMRC has updated its guidance for employers on what deductions to make for employees who have more than one student loan plan. If your...
Nov 19, 2021


Pension age protection window closed
Changes to the normal minimum pension age (NMPA) are set to come into effect from 2028. The Treasury has closed the opportunity for...
Nov 16, 2021


Payroll RTI Reporting: Exception to the rules
HMRC have issued a reminder to employers that in respect of PAYE Real Time Information (RTI) filing, the contractual payment date should...
Nov 12, 2021


HMRC publishes new guidance for businesses using temporary workers
Many businesses use recruitment agencies to source temporary workers. These agencies may choose to outsource the administrative burdens...
Nov 9, 2021


Company Car Tax and Legislation
The Government announced a raft of tax and spending proposals in Budget 2021, but announcements for the fleet and leasing industry within...
Nov 6, 2021


Budget confirms one-year delay to basis period reform
A Budget policy paper confirms that the switch from currently a basis to the tax year basis will happen for all self-employed individuals...
Nov 4, 2021


Autumn Budget and Spending Review
Rishi Sunak delivered his third budget as chancellor to the Commons on Wednesday 27 October 2021 where he announced a series of measures...
Oct 28, 2021


Autumn Budget 2021 - Early indications, announcements and more.
Rishi Sunak will deliver his budget and spending review to the Commons this Wednesday and the Chancellor has already announced a series...
Oct 25, 2021


Budget 2021 predictions
The Chancellor, Rishi Sunak, will reveal his Budget and Autumn spending review to the Commons on 27 October 2021, The government spending...
Oct 20, 2021


Salary sacrifice 'may mitigate the NICs rise'
Salary sacrifice arrangements could help lessen employees’ additional tax bills from the rise in National Insurance contributions (NICs)...
Oct 11, 2021


What will be in the upcoming Autumn budget for small businesses?
The second Budget in 2021 will be announced alongside a spending review on 27 October 2021. With the UK still recovering, what could be...
Oct 5, 2021


Businesses get more time to prepare for digital tax changes.
The Government has delayed the introduction of Making Tax Digital for Income Tax self-assessment (MTD for ITSA) to 6 April 2024 to give...
Sep 27, 2021


Shareholders and directors hit by dividend tax rate rise
The government plans to increase dividend tax by 1.25 percentage points, which means investors will have to pay more on the money they...
Sep 24, 2021


NIC increase: What it means for small businesses
If you're an employer, the rate changes could make the process of hiring staff more expensive. Looking ahead, you will likely need to cut...
Sep 22, 2021
bottom of page
.png)