SPRING STATEMENT 2022
The Chancellor’s spring Statement 2022 set out the Government’s tax plan to support the UK economy, businesses and families in…
AUTUMN BUDGET 2021
Dear Client We summarise below the key points announced by the Chancellor, Rishi Sunak, in this week’s Budget:- National Insurance…
Tax changes for health and social care
The government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across…
£2 billion of SDLT and £11.5bn in corporation tax overpaid to HMRC every year
After an uncertain year in the business , finance and property market, businesses & home movers have overpaid fees and…
Super Deduction
For expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on…
Budget for 2021
Furlough will continue until September, with no change of terms. After July, businesses will be asked for a 10% (70%…
Late payment surcharge extension
HMRC announced that the 5% late payment surcharge will not apply this year from 3 March and instead only arises…
More help to 1.4m firms repaying Covid loans
Small firms are to get more time to repay state-backed Business bounce back loans taken out to help survive the coronavirus…
Self-assessment deadline COVID19
To file their returns and face penalties including 2.6% interest on the money owed revealed by HMRC. More than 10.7…
Coronavirus (COVID-19) Third National Lockdown
Although we do spend a vast amount of time each year chasing clients for information and signed pages of Tax…
