The government scheme enabling small businesses to recoup statutory sick pay costs due to coronavirus were closed at the end of the...

National Insurance contributions will rise by 1.25% to pay for the social care system in England, with the levy expected to raise about...

The most recent figures show that taxpayers saved £30 million in inheritance tax (IHT) through gifting last year with many taking...

The trading loss carry-back rules have been temporarily extended for both income tax and corporation tax purposes to support businesses...

HMRC has clarified changes to the late payment penalty scheme which will start to come into force from April 2022. There are two late...

The Government could increase National Insurance contributions (NICs) by 1% for both employers and employees, a report has claimed. The...

A poll has found that 91% of medium sized firms support simplifying the tax system by changing the end of the tax year to 31 December....

HMRC has reminded married couples and those in civil partnerships that they could reduce their income tax liability by up to £252 a year...

First announced in March 2021 and set to run from 1 April 2021 for two years, the super-deduction allows any investments a business makes...

Reforms to the tax system aim to make it easier for self-employed workers and small businesses to fill out their returns have been...

Unlike the previous four grants, the fifth grant will be worth different percentages of average trading profits depending on the...

The Low Income Tax Reform Group ("LITRG") is warning people who have claimed Self-Employment Income Support Scheme ("SEISS") grants that...

The Federation for Small Businesses is calling on the government to extend its support for small firms after the lifting of lockdown...

The temporary holiday for stamp duty land tax is set to start tapering off from 30 June 2021 as the UK continues its gradual closing of...

The Office for Tax Simplification ("OTS") is to explore changing the end of the tax year from 5 April to either 31 March or 31 December....

Businesses that deferred VAT payments during the early stages of the pandemic which remain outstanding need to act by the end of June in...

As the fourth self employment income support scheme (SEISS) ramps up for applications, HMRC has confirmed the penalty regime with harsh...

For periods from 1 May 2021 onwards, you will be able to claim for newly eligible employees who you could not claim for from 1 November...

Employed workers can now claim the government's working from home allowance for the 2021/22 tax year. This gives workers a £6 per week...

The private sector reform was due to take place in April 2020, but was delayed because of the Covid-19 pandemic. Key points IR35 refers...