Corporation tax increases – April 2023
Date posted: 28th Apr 2022
Corporation tax is being reformed and companies with profits of more than £50,000 will pay corporation tax at a higher rate than they do now. While the changes…
Date posted: 28th Apr 2022
Corporation tax is being reformed and companies with profits of more than £50,000 will pay corporation tax at a higher rate than they do now. While the changes…
Date posted: 28th Apr 2022
Under Making Tax Digital (MTD) for VAT, VAT-registered traders must keep electronic records and file their VAT returns electronically using software that is compatible with MTD for VAT….
Date posted: 28th Apr 2022
Private residence relief reduces a tax charge from arising if there is a capital gain when a person sells a property that has been their only or main…
Date posted: 28th Apr 2022
Employers who provided their employees with taxable expenses and benefits in 2021/22 need to report these to HMRC by 6 July 2022, unless they have been payrolled or…
Date posted: 28th Apr 2022
As people are taxed individually, property income must be allocated, to each individual, in order to work out the tax that each joint owner is liable to pay….
Date posted: 28th Apr 2022
If you still have not completed your 2020/21 Tax Return, then you need to be prepared for daily £10 penalties to apply for each day that the Tax…
Date posted: 21st Apr 2022
What has changed in the Academies Accounts Direction? For the second consecutive year, the Academies Accounts Direction has been split into three – the AAD, alongside a model…
Date posted: 30th Mar 2022
Clive Owen LLP, chartered accountants and business advisers, has tripled the size of its HR department to reflect the increase in staff at the rapidly growing firm. The…
Date posted: 24th Mar 2022
The Chancellor revealed his Spring Statement on the 23rd March, where he sought to ease the impact of rising prices for households and businesses. As expected, there were…
Date posted: 17th Mar 2022
In February, we welcomed two new starters, Jake Turnbull in our IT team and Holly Streatfield who joined our audit department. Holly recently moved from Cumbria to Darlington,…