Spring Statement 2022

The Chancellor made his annual Spring Statement speech yesterday where he set out the Government’s...

Basis Period Reform For Income Tax

This measure will only affect businesses which operate as self-employed traders, partnerships or...

Super-deduction Capital Allowances Update

HMRC have issued a factsheet on the new temporary “super deductions allowance” and “special rate...

Delayed Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA)

The Government has announced in a Written Ministerial Statement (WMS) that MTD for Income Tax Self...

Check if you might need to pay Inheritance Tax

HMRC have released a new tool ‘Check if you might need to pay Inheritance Tax’ to allow those...

Extended Corporation Tax Loss Carry Back

A reminder that the extended Corporation Tax Loss carry back measure announced in the Spring Budget...

HMRC Fifth SEISS Grant

HMRC yesterday issue guidance on claiming the fifth SEISS grant. Full details can be found at the...

IR35 Update - Off Payroll Working from 6th April 2021

HMRC have updated their guidance on off payroll working / IR35 regarding the new rules that come in...

Domestic Reverse Charge VAT Guidance

From 1 March 2021 the domestic VAT reverse charge must be used for most supplies of building and...

New lockdown grants and the VAT deferral scheme

The government has announced it will provide £4.6 billion in new lockdown grants to support...