By Tom Maxwell In Advice, Blog, NewsPosted 19/04/2022 Taking control of your business 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 [...] 0 Read More
By DBS In Advice, BlogPosted 18/04/2022 Will I Have To Pay More Corporation Tax After 2023? Corporation Tax is paid by UK businesses, based on their annual profits. Although at the time of writing, corporation tax is currently 19% across the board, this will increase for some businesses [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/04/2022 MTD VAT notice and guidance updated 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 [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 12/04/2022 Business resilience in tough times 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 [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 08/04/2022 NIC for the self-employed: clarification following the Spring Statement 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 [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 08/04/2022 Trust Registration Service (TRS) 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 [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 06/04/2022 Homes for Ukraine Scheme: payments not taxable 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% [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 05/04/2022 Making Tax Digital (MTD) is now mandatory for VAT-registered businesses MTD became mandatory for all VAT registered businesses on 1 April 2022. The government states that MTD helps taxpayers get their tax returns right by reducing common mistakes as well as saving [...] 0 Read More
By DBS In Advice, BlogPosted 04/04/2022 Capital Gains Tax on Property Capital Gains Tax (CGT) is a tax that is payable on the sale of properties. Here is our guide to Capital Gains Tax on Property. When do you need to pay Capital Gains Tax? If you are selling a [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 01/04/2022 Towards Net Zero Top tips to help your business move towards net-zero carbon. Businesses need to lead the way in moving towards net zero carbon emissions. There is no quick fix so businesses need to start the [...] 0 Read More