The consequences of any Budget vary depending on your, or your business’s circumstances. Our last article unpicked the possible effects of the Corporation Tax rise and the new super deduction tax relief for businesses. And [...]
In his Budget speech, the Chancellor called this new super-deduction tax relief “…the biggest business tax cut in modern British history.” It’s designed to encourage businesses to invest in tangible assets and is something of [...]
Chancellor Sunak stuck to the original Conservative Manifesto pledge of not raising VAT, NICs or income tax rates in this Budget. But they are going to be frozen, after a small rise in April 2021, until [...]
The restrictions placed on us by the COVID-19 pandemic mean that we’re working from home, whether we like it or not. Unless you’ve been furloughed, or the nature of your work prevents it, employers have [...]
The deadline to claim your 2016-17 Marriage Tax allowance is 5th April 2021. So you need to act quickly to make sure you don’t miss out. What is the Marriage Allowance? This is a tax [...]
HMRC shuts down a huge cigarette smuggling operation. This criminal activity cost the Treasury £2.8million in evaded excise duty. When were they discovered? On 15th June 2017, at a Lincoln farm, Svajunas Navagruckas was caught [...]
We’re all used to estate agents’ language by now and can decode their adverts quite successfully. But its still unusual to see ‘cryptocurrency preferred’ as the seller’s position. But this is what’s come up during [...]
A tax on incineration means a tax on earnings made by creating energy from waste. It has been used as a stick to encourage increased recycling. Only last year, Theresa May said that government would [...]
A Which? survey of 2,004 people shows how much COVID-19 has accelerated our society’s move towards a cashless society. And their conclusions include some real concerns about those who need to use cash, both as [...]
The Chancellor’s March Budget will be scrutinised by everybody. Finding the balance between financial support to survive the COVID-19 crisis and the country’s longer term economic recovery is going to be difficult. Before anything is [...]
