You might be aware of Making Tax Digital already. It’s the UK Government’s initiative for digitising and streamlining the tax return process. VAT-registered businesses are …
In his statement, Kwarteng outlined how the Government’s aim is to have the economy growing at 2.5 per cent in the medium-term. He said the country needs to ‘unleash the power of the private sector’… but what will be the immediate impact on businesses in the UK?
MTD for Income Tax will come into force from April 2024. Partner Sean Farnell discusses the incoming Making Tax Digital change.
Anne Rose, Burgis & Bullock’s Head of Tax, reacts to Rishi Sunak’s Spring Statement (23/3/22)
R&D tax credits are a government-designed incentive to encourage businesses to invest in research and development. The amount of tax credit a business is entitled …
By Rosy Hughes, Head of Private Client Tax For the second successive year HM Revenue and Customs (HMRC) has waived penalties on late self-assessment tax …
HMRC extends self-assessment tax deadline until end of February Read More »
By Rosy Hughes, Head of Private Client Tax HMRC has announced draft legislation will be included in the Finance Bill 2022 to abolish basis periods …
Despite the Chancellor confirming only last Wednesday that the off payroll working rules for the private sector would come into force from the 1 April …
From April 2020, new rules come into affect to bring the off-payroll regulations for large and medium size otganisations in line with the public sector. …
Off-payroll working rules – Changes you need to be aware of Read More »
HMRC has won an appeal against a former BBC presenter regarding her contractual arrangements and employment status in the five years she was engaged by …
