Making tax digital for income tax has been delayed until April 2026. This effects all self-employed individuals, landlords and partnerships. We go through the announcement in detail so you can understand how the changes will affect your business. Our thoughts […]
See the key points of the Autumn Statement including personal taxes, dividend taxes, minimum wage, capital gains and corporation tax rises. The Autumn Statement was announced on Thursday 17th November 2022. It included several significant personal and business tax changes.
NOTE: Due to changes in the Government most of the announcements below have now been scrapped. Please see the Autumn Statement announced in November 2022. The mini budget was announced on Friday 23rd September 2022. It included several tax cuts,
On Wednesday 23rd March 2022, the Spring Statement was announced. The statement included some key announcements which we go through below. It includes how the main items will affect businesses, and the taxes they will pay. For information on how
The Spring Statement was announced on Wednesday 23rd March 2022. The key announcements from the spring statement are shown below. It includes the main items which will affect individuals and the personal taxes they will pay. For information on how
HMRC have announced that penalties relating to late filing and late payments of Self Assessment tax is to be waived for 1 month. The announcement was made on 6th January 2022 and it relates to tax returns for the tax
The Autumn budget included some key announcements for businesses, including corporation tax, super deductions, making tax digital, business rates and online sales taxes. We go through the key announcements from the budget below. It includes how the budget will affect
The Autumn Budget was announced on Wednesday 27th October 2021. We go through the key announcements from the budget below. It includes how the budget will affect individuals and the personal taxes that they pay. For information on how the
Dividend taxes are to increase in April 2022. This will affect small business owners who trade as a Limited company. It has been well publicised in the mainstream media that National Insurance contributions are to increase by 1.25%. This increase
Corporation tax rate rises, super deduction for qualifying assets, restart grants, new self-employment grants and extension of Furlough. The 3rd March 2021 budget for businesses was packed with many tax changes. Some good and some bad for businesses. We go
Budget 2021 – Business Taxes, New Grants and Support Read More »