An increasing number of people are filing their Self Assessment tax returns early.
When it comes to purchasing and expensing a garden office, you may be wondering if your company can cover the costs.
Whilst this is possible, there are the following caveats and issues to contend with that you should keep in mind.
With the important focus on achieving Net Zero goals and targeting personal emissions, more and more company cars seem to be following the electric car trend.
Many parents have been missing out on Tax-Free Childcare, after it was revealed that one in five parents did not know they met the eligibility criteria.
With the arrival of April’s payslips in people’s pockets, the recent rise in National Insurance will be clear to see.
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government.
With the cost of living rising steeply and taxation at its highest level for decades, tax breaks are welcome, particularly for those looking to invest their money in business.
First announced by the Chancellor in the Spring Statement, changes to the Employment Allowance, worth up to £1,000 for eligible small businesses, came into effect on 6 April.
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system.