Date posted: 5th Oct 2021
Capital allowances are generally available to give tax relief on expenditure such as machinery, vans, computers, etc, under the mantra of “plant and machinery”. The capital allowance legislation…
Date posted: 5th Oct 2021
As employees return to work after the end of CJRS furlough support, they need to start thinking about childcare if they have children. If they haven’t already done…
Date posted: 5th Oct 2021
If you have a personal tax account with HMRC, it may be worthwhile checking your account to see if any fraudsters have managed to access your account. As…
Date posted: 27th Sep 2021
As the country lurches from one shortage to another, many of our clients are worried about the shortage of skilled employees and the potential risk that employees will…
Date posted: 10th Sep 2021
Highlights Government reforms to social care will impact those entering care in England from October 2023. The cap for full self-funding will rise to £100,000 from £23,250. The…
Date posted: 10th Sep 2021
The Government are pulling the plug on support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to…
Date posted: 10th Sep 2021
Supplies of land and buildings, such leasing or renting out a property, are normally exempt from VAT. This means that no VAT is payable, but the person making…
Date posted: 10th Sep 2021
Unexpectedly introduced at the 2021 Budget, the 130% deduction essentially allows companies to reduce their tax bill by up-to 25p for every £1 invested. The amount of relief…
Date posted: 10th Sep 2021
HM Revenue & Customs (HMRC) are introducing a new penalty system to try to make the tax system fairer and more consistent. The new system will use a…
Date posted: 10th Sep 2021
The child benefit charge was introduced in 2013, for those individuals with income of over £50,000. The basic idea behind the charge is that if your income is…
