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The remaining import controls on EU goods will no longer be introduced this year, instead, traders will continue to move their goods from the European Union to Great Britain as they do now. [...]

It has been over one year since the off-payroll working rules (IR35) changed in the private and voluntary sectors. Some organisations who engage contractors in those sectors who didn’t need to [...]

We are in a period of high inflation of prices for goods and services. The Office for National Statistics (ONS) shows one of the inflation indices has increased by 6.2% in the 12 months to March [...]

HMRC’s guidance on the taxation of tips, gratuities, service charges, and troncs has been updated to include information on how to manage electronic payments. The guidance clarifies that an [...]

With Russia’s invasion of Ukraine creating additional fiscal uncertainty in the UK and around the globe, economic growth slowed in February and, according to the Office for National [...]

HMRC has issued clear instructions on when businesses new to Making Tax Digital (MTD) VAT from April 2022 should complete the sign-up process. From the start of their first VAT accounting period [...]

Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises [...]

The Spring Statement amendments have no effect on voluntary class 2 national insurance contributions, however class 4 losses may need to be recorded separately. Individuals with adjusted trading [...]

The Trust Registration Service (TRS) opened for non-taxable trust registration in September 2021. The regulations were implemented in order to comply with changes in anti-money laundering [...]

The government has announced exemptions from income tax, corporation tax, and national insurance contributions, as well as exemptions from the annual tax on enveloped dwellings (ATED) and the 15% [...]