The Finance Ministers of the world’s seven most “advanced economies” had their meeting in the Cornwall sunshine this week end. And they’ve agreed to, what Chancellor Sunak calls, “seismic tax reforms”. The headline grabber being [...]
63,521 taxpayers filed their 2020-21 self assessment tax return on 6th April 2021. No procrastination, no worrying about missing deadlines, just done and filed as soon as possible. Unsurprisingly, HMRC are holding this up as [...]
Most people buying property in England and Northern Ireland must pay Stamp Duty Land Tax (SDLT) on their purchase. This was payable on all property over £125,000. But in July 2020, the government raised the [...]
HMRC take on their latest high profile case and ask Gary Lineker to pay an almost £5million unpaid tax bill. The Stats HMRC are claiming the Gary Lineker owes: £3,621,735.90 income tax £1,313,755.38 National Insurance [...]
As part of the EU, the UK was bound by the EU VAT Directive. This meant that the VAT rate on sanitary products couldn’t go below the 5% in any EU country. Since leaving the [...]
It’s important that you understand your tax code, so that you can check you’re paying the correct amount of tax. Your tax code is a quick way for you, your employer, HMRC and your pension [...]
Yes, the government has increased both the National Minimum Wage and the National Living Wage for the 2021-22 tax year. These are the statutory levels of pay that employers must give their employees. Any changes [...]
It’s just as important to get your tax right on cryptocurrency investments, as it is on your other tax liabilities. But which one do you pay on cryptocurrency income? Here’s our simple introduction to UK [...]
Employers can claim National Insurance Contributions (NICs) relief for any Armed Forces veteran they employ in their first civilian job after serving. What are the details of this new NICs relief? This new National Insurance [...]
The latest development in the cryptocurrency world has hit the headlines recently. You probably saw the story about the £50m cryptocurrency sale of Beeple’s 'Everydays: The First 5000 Days’ - a digital art NFT at [...]
