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Taxpayers urged to check eligibility for the marriage allowance.
HMRC has reminded married couples and those in civil partnerships that they could reduce their income tax liability by up to £252 a year...
Aug 16, 2021


Super-deduction extension will benefit property landlords
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...
Aug 16, 2021


Government announces simplified tax reporting for self-employed and small businesses
Reforms to the tax system aim to make it easier for self-employed workers and small businesses to fill out their returns have been...
Aug 6, 2021


VAT liability of charging electric cars
HMRC has clarified the VAT treatment of the supply of electricity for electric cars in a recent brief, outlining when input tax can be...
Aug 6, 2021


SEISS fifth grant: Personal claim dates
The claims service for the fifth SEISS grant will open from late July. The grant covers lost or reduced earnings from May to September...
Jul 23, 2021


Connected companies and Employment Allowance: Latest guidance
Employment Allowance allows eligible employers to reduce their annual National Insurance liability by up to £4,000. You'll pay less...
Jul 20, 2021


Self Employment Income Support Scheme: Fifth grant turnover test
Unlike the previous four grants, the fifth grant will be worth different percentages of average trading profits depending on the...
Jul 19, 2021


Business rates revaluation consultation launched
The UK Government is seeking input on plans to boost the regularity of business rates revaluations. HM Treasury launched a consultation...
Jul 14, 2021


Small businesses urged to act fast
An estimated 26,000 e-commerce sellers will face £180m in additional red tape costs, as the EU introduces new VAT rules on sales coming...
Jul 13, 2021


LITRG releases guidance on how SEISS is taxed
The Low Income Tax Reform Group ("LITRG") is warning people who have claimed Self-Employment Income Support Scheme ("SEISS") grants that...
Jul 6, 2021


Calls to extend support for small businesses
The Federation for Small Businesses is calling on the government to extend its support for small firms after the lifting of lockdown...
Jul 5, 2021


Stamp duty holiday begins tapering off
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...
Jun 29, 2021


OTS explores moving the end of the tax year
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....
Jun 15, 2021


Deferred VAT deadlines on the horizon
Businesses that deferred VAT payments during the early stages of the pandemic which remain outstanding need to act by the end of June in...
Jun 9, 2021


Self-Employment Income Support Scheme fifth grant
A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021. The grant is taxable and will be paid out...
Jun 8, 2021


New tariff suspension scheme tailored to UK economy
UK businesses will be given further help to become more competitive globally in a new scheme to suspend tariffs on certain imports. It...
Jun 7, 2021


Cash boost for apprenticeships launched
From Tuesday 1 June, employers of all sizes in England can now apply for extra funding to help them take on apprentices. The boost to the...
Jun 3, 2021


Government SME support scheme open for registrations
Small businesses in the UK can now register their interest in joining "Help to Grow", the government's new scheme to help SME's prosper...
May 24, 2021


Pension statements to simplify in Government overhaul
The Government is to introduce simpler, two-page pension statements to make it easier for savers to understand how their saving for...
May 23, 2021


National Insurance for Company Directors
HMRC has updated the guidance in the National Insurance for Company Directors booklet (CA44) for 2021 to 2022 on how to work out NIC...
May 17, 2021
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