Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers
News

News

Keyword(s):

Government nudges local authorities

Government nudges local authorities

27-01-2022

The Secretary of State for Business, Energy & Industrial Strategy has written a letter to local authorities in England urging them to help support businesses in the hospitality...

Find out more

Filing obligations for private limited companies

Filing obligations for private limited companies

27-01-2022

It is important that anyone responsible for the accounts and tax filing regime for private limited companies is aware of their obligations. After the end of its financial year, a...

Find out more

Tax and customs duties for goods sent from abroad

Tax and customs duties for goods sent from abroad

27-01-2022

There are special rules to help ensure that goods sent from abroad are taxed appropriately and to ensure that UK businesses supplying goods in the UK, for example by having to...

Find out more

How CIS off-set works in practice

How CIS off-set works in practice

27-01-2022

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. Businesses in the construction...

Find out more

Who should register for Plastic Packaging Tax

Who should register for Plastic Packaging Tax

27-01-2022

The new Plastic Packaging Tax will come into effect from 1 April 2022. The tax will not apply to any plastic packaging which contains at least 30% recycled plastic, or any...

Find out more

VAT Flat Rate Scheme exclusions

VAT Flat Rate Scheme exclusions

27-01-2022

The VAT Flat Rate scheme has been designed to simplify the way a business accounts for VAT and in so doing reduce the administration costs of complying with VAT legislation. Using...

Find out more

Tax Diary February/March 2022

Tax Diary February/March 2022

27-01-2022

1 February 2022 - Due date for Corporation Tax payable for the year ended 30 April 2021. 19 February 2022 - PAYE and NIC deductions due for month ended 5 February 2022 (If you pay...

Find out more

Leaving gifts to charity in your Will

Leaving gifts to charity in your Will

20-01-2022

The government introduced new rules to encourage charitable giving on death in 2012. The rule which has remained unchanged ever since means that a reduced rate of Inheritance Tax...

Find out more

Tax relief for working from home

Tax relief for working from home

20-01-2022

If you are an employee working from home, you may be able to claim tax relief for some of the bills you pay that are related to your work. Employers can reimburse employees for...

Find out more

Replacement of domestic items in let property

Replacement of domestic items in let property

20-01-2022

The replacement of domestic items relief has been in place since April 2016. The relief allows landlords to claim tax relief when they replace movable furniture, furnishings,...

Find out more

Global minimum Corporation Tax of 15%

Global minimum Corporation Tax of 15%

20-01-2022

A new consultation has been published by the UK government seeking views for how a worldwide 15% minimum Corporation Tax should be enforced domestically. This follows more than 130...

Find out more

HMRC “sweetheart” deals

HMRC “sweetheart” deals

20-01-2022

HMRC has issued an interesting press release stating that ‘Fact: HMRC does not do ‘sweetheart deals’. HMRC makes sure every taxpayer, no matter what their size, pays everything...

Find out more

Company reconstructions – liabilities restriction

Company reconstructions – liabilities restriction

20-01-2022

The rules for the Corporation Tax treatment of carried forward losses changed from 1 April 2017. The changes increased flexibility to set off carried forward losses against total...

Find out more

HMRC agree delay in tax return deadline

HMRC agree delay in tax return deadline

13-01-2022

HMRC has announced that late filing penalties will be waived for taxpayers that file their 2020-21 Self-Assessment returns by 28 February 2022. The due date of 31 January 2022...

Find out more

Delay in implementing late payment penalties

Delay in implementing late payment penalties

13-01-2022

In tandem with the announcement that no late filing penalties will be issued for 2020-21 Self-Assessment returns submitted by 28 February 2022, HMRC has also confirmed a delay in...

Find out more