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We share up to date news and blog posts from the worlds of finance, business and tax. If you’d like to subscribe and receive quarterly email newsletters from us collating the most relevant blogs and articles, please scroll down and submit your email address.
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.
Planning on Selling Your Business in 2022?
Now that the economy is starting to recover, this could be a good time to think about selling your business. Remember that under the current capital gains rules, the first £1 million of an individual’s gains potentially qualify for a 10% rate of tax, provided business...
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!
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