Posts Tagged Tax - Page 3

Make your Christmas celebrations as tax friendly as possible by taking advantage of seasonal tax breaks.

Chancellor Jeremy Hunt has announced his Autumn Statement outlining measures to address the £55 billion gap in public finances and manage the impending recession. Here are the main points.

The Government is reforming income tax basis periods. You need to know if and how this may affect your business?

We are celebrating our payroll team in this newsletter who have gained prestigious industry recognition. We also look at options for company director salaries, HMRC reforms of accounting periods and how you must now submit VAT returns.

On 17 October the new Chancellor reversed almost all the mini-budget announcements made by Kwasi Kwarteng on 23 September.

Following the recent Bank of England interest rate rise, late payment interest rates levied by HMRC have been increased. 

Chancellor Kwasi Kwarteng unveiled the government's ‘Growth Plan’ package.
Note: this article has been superseded since publication

Do you think if you file your tax return early you will have to pay your tax earlier too? Thankfully, this is not true. But there are benefits to filing your tax return and completing your accounts early.

With the growth of home working during the COVID pandemic, what you pay in tax could alter if you choose to live and work in different counties. And that includes England and Scotland.

HMRC is increasing checks on R&D tax credit claims to stop the abuse of the relief. Find out in simple terms if your business could still benefit from R&D tax relief.

Businesses are facing a perfect storm - rising inflation, increasing interest rates and higher energy costs. Make sure you have all the information you need to manage your finances.

Reactions to the Spring Statement are, as ever, wide ranging. We have highlighted the key points which we feel are the most significant.