Gift Aid Your Donations to Help Ukraine
Individual UK taxpayers should make sure to tick the Gift Aid box as that will increase their donation by 25%.
The Ups and Downs of Spring Statement 2022
The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022.
Tax Deadline Delays for Self-Assessment, Personal and VAT
HMRC have recently announced that provided 2020/21 tax returns are received by the end of February, the late filing penalty will not be applied. Filing late will, however, extend the period during which HMRC may open an enquiry into your return.
Big Tax Bills for the Self-Employed in 2022/23
Draft legislation has been published to change the basis periods for the assessment of self-employed profits to coincide with the tax year.
Let’s have a real Christmas party this year!
Last year many businesses put on a “virtual” Christmas party event and HMRC agreed that would be acceptable in order for there to be no taxable benefit for the employees involved, but this year is the return of the proper Christmas party!
