This Briefing offers practical help to weather the storm. It looks at ways that adapting now could build resilience for the longer term, and highlights areas where the tax system offers potential leverage – from timely use of tax reliefs for the purchase of capital...
National Insurance round-up Repeated change to National Insurance contributions (NICs) in 2022, plus the cancellation of the Health and Social Care Levy as a separate tax from April 2023, meant a challenging year for payroll. Where do things stand now? Read...
Inside this Issue: Planning potential for director-shareholders Planning potential: income tax rates and allowances Planning potential: tax and your family Planning potential: savings and investments Planning potential: Gift Aid Year end checklist Read...
On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a...
Inside this issue Introducing the Plastic Packaging TaxBye bye GDPR?Did claims comply with the furlough scheme?When couples separate: capital gains tax changeAccessing your business tax accountVAT: terminating a contract early Read More
What, however, do the MTD rules mean in practice? HMRC research suggests many people are unsure which developments apply to them. We look here at what’s known so far, and what might affect you. MTD: what are the rules on records and software? MTD involves keeping and...
Before Mr Kwarteng stood up to make his statement on ‘The Growth Plan’ much of what he had to say about energy support for businesses and households, bankers’ bonuses, investment zones and reversals to NICs had already been announced. The government also said that the...
Inside this issue Money off your software costsBasis period reform: it could impact your tax billHoliday pay on tap: what you need to know aboutthe Pimlico PlumbersEmployers: risk assess your minimum wage paymentYour guide to the Spring Statement Download
If, like many people, the pandemic has prompted you to reappraise your long term goals, the next step to turning aspirations into reality is to assess the financial consequences of your decision. We look here at the two capital taxes that might influence your...
Spoiler Alert • Last minute halt to new import controls for agrifoods from the EU affecting animals, animal products, and plants and plant products.• Revised UK import controls regime to be published in autumn 2022.• Northern Ireland Protocol (NIP) and movement of...