News

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09 May 2023
PAC criticises government for billions lost to error and fraud

The Public Accounts Committee (PAC) has criticised the government for…

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09 May 2023
Tax threshold freeze trebles to £25 billion

Research carried out by think tank the Resolution Foundation has suggested…

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09 May 2023
UK inflation falls to 10.1% in March

UK inflation has dropped, but remains in double-digit levels, as…

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09 May 2023
Online VAT filing portal to close in May

HMRC has reminded businesses that file VAT returns annually that the…

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05 May 2023
What is Patent Box tax relief and how can you benefit from it?

The Patent Box tax relief is a scheme introduced by…

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05 May 2023
Case study: Capital gains tax relief for homeowners

Problem: Mr and Mrs Johnson (names changed), a couple from…

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24 April 2023
UK authority launches crackdown on furnished holiday lets

It has been reported that preferential tax treatment for holiday…

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19 April 2023
Bonus v Dividends – What is the most tax efficient way to pay yourself?

Business owners often wonder if they should be rewarded for…

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12 April 2023
Change your accounting period to reduce your tax bill?

As you may know, from 1 April, the corporation tax…

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12 April 2023
Small businesses at risk as energy costs rise

The end of the Energy Bill Relief Scheme (EBRS) on…

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12 April 2023
Two freeports confirmed for Wales

Two freeports have been confirmed for Wales by the UK…

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12 April 2023
Taxpayers given more time for voluntary national insurance contributions

The government has extended the voluntary national insurance deadline to…

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12 April 2023
HMRC late payment interest rate hits 6.75%

HMRC has revised interest rates with late payment bills charged 6.75%…

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12 April 2023
Bank of England raises UK interest rates to 4.25%

Interest rates have been increased to 4.25% from 4% by…

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12 April 2023
HMRC issues guidance on abolition of pensions lifetime allowance

HMRC recently issued preliminary guidance in regard to the abolition of…

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