By DBS In Advice, BlogPosted 12/10/2021 Super Deduction for Capital Allowances Explained As of the 1st April 2021, an investment your company makes in plant and machinery may qualify for a 130% capital tax allowance. Here, we explain more about the Super Deduction for Capital [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/09/2021 What COVID-19 support schemes are continuing? Today (30 September), the furlough and self-employed support schemes come to an end, as does the 5% VAT cut for hospitality and tourism, which will be raised to 12.5 percent tomorrow (1 October). [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/09/2021 COVID support packages coming to an end. On September 30, a number of government support schemes designed to help businesses and individuals cope with the pandemic will end or change, including furlough and reduced SDLT rates in [...] 0 Read More
By DBS In Advice, BlogPosted 27/09/2021 Tax Benefits available to your Business for going green Going green is a major topic at the moment. With concerns over climate change increasing, it is now more important than ever that companies look at how they can make their operations more [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 27/09/2021 MTD for ITSA and basis period reform postponed Following extensive feedback from all the professional bodies, HMRC has postponed the implementation of Making Tax Digital for income tax self-assessment (MTD ITSA). The regulations confirm that [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 24/09/2021 Online VAT return is closing to 800 traders For 800 businesses that should be compliant with Making Tax Digital for VAT, HMRC is testing a forced shutdown of the online VAT return. Unless these businesses sign up for MTD VAT, they will be [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 22/09/2021 HMRC Tax Return Registration Deadline Approaching Fast! The 5th October HMRC tax return registration deadline is almost here – find out how to file your tax return for the year ended 5th April 2021. If you don’t already file a Tax Return, you [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 20/09/2021 New Plastic Packaging Tax The plastic packaging tax, announced in Budget 2018, will take effect on April 1, 2022, and will be imposed at a rate of £200 per metric tonne on UK businesses that manufacture or import 10 [...] 0 Read More
By DBS In Advice, BlogPosted 15/09/2021 VAT One Stop Shop New Rules Online retailers are now having to face yet another challenge as a significant change in tax is about to take place for those who sell to customers within the EU. Here we explain in a bit more [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/09/2021 SSP Rebate Scheme closes 30 September 2021 The government scheme allowing businesses to recoup statutory sick pay costs as a result of coronavirus will end on 30 September 2021 and outstanding claims must be made by 31 December 2021. The [...] 0 Read More