LATEST NEWS

Please find below a short summary of a new scheme announced in the 2021 budget known as the “super deduction” and other changes to capital allowances. New Capital Allowances Offer For expenditure incurred from April 1st 2021 until ...

As you may be aware, the government has postponed the start of MTD for ITSA by a year meaning that it will not start until 6 April 2024. MTD for general partnerships will now be postponed ...

As many of you may be aware, the government announced today that as of April 2022, both dividend tax and National Insurance will be increased by 1.25%. This is the biggest UK tax increase in ...

In April 2023, HMRC will be Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). This will require individuals with rental income above £10,000 to use software for their accounting and store their accounting ...

The fifth Self-Employment Income Support Scheme (SEISS) grant is different from the previous SEISS grant. If HMRC think you are eligible, they will contact you from mid-July to give you a personal claim date. If ...

On 12th May 2021, the Ratings (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill was published. When the Bill receives Royal Assent it will amend various sections of the Company Directors Disqualification Act 1986. The Insolvency ...

Making Tax Digital will offer both significant administrative savings and allow HMRC to police the tax system more effectively. What is happening now? Businesses with taxable supplies in excess of £85,000 within a 12 month ...