National Insurance Contributions (NICs) and dividend tax rates rise 1.25% in 2022 to fund a new health and social care package. Continue reading “Paying for social care costs”
Quarterly news
Outstanding tax and the latest from HMRC
Expect a sea change in HMRC’s approach to tax debt as the economy emerges from the pandemic. Continue reading “Outstanding tax and the latest from HMRC”
Act now on employer funding
If you’re an employer, you can still tap into Covid-19 youth job creation funding. Continue reading “Act now on employer funding”
Salary sacrifice and changing the small print
With the upheaval of Covid-19, employers may find themselves asked to change the terms of a salary sacrifice arrangement. What do you need to know? Continue reading “Salary sacrifice and changing the small print”
Post Brexit teething problems with import VAT
Accounting for import VAT on the VAT return, sometimes known as postponed VAT accounting (PVA), hasn’t been without its problems. We offer some practical advice. Continue reading “Post Brexit teething problems with import VAT”
Brexit and the changes to come?
Though last-minute announcements alter the timetable for import checks and controls, 1 January 2022 still sees significant new compliance requirements. Continue reading “Brexit and the changes to come?”
A look at Making Tax Digital in 2021
HMRC’s flagship Making Tax Digital (MTD) programme has seen many stops and starts over the years. Where are we now? Continue reading “A look at Making Tax Digital in 2021”
Trading loss and cash flow gain?
Temporary change to the rules on carrying back trade losses was announced in Budget 2021. Unlocking such tax relief could be a considerable cash flow plus for businesses hit by the pandemic. Continue reading “Trading loss and cash flow gain?”
