Budget Summary 2021
State of Economy and Outlook The UK economy shrank by 10% in 2020 The OBR (Office of Budget Responsibility) has forecast that the economy will [...]
State of Economy and Outlook The UK economy shrank by 10% in 2020 The OBR (Office of Budget Responsibility) has forecast that the economy will [...]
Updated 09/04/2020 See also our Job retention scheme FAQ's Support for self employed This evening the chancellor announced measures to support the self employed, the [...]
Diesel cars have had a lot of bad press in the last four years, but there are still a large number of diesel-powered company cars [...]
National Minimum Wage (NMW) and National Living Wage changes There is a dedicated unit within HMRC that chases down employers who don’t abide by every [...]
VAT and Brexit It is looking increasingly likely that the UK will leave the EU (Brexit) without a withdrawal deal in place at 11pm on [...]
It has long been an irritation to accountants that HMRC insist all directors must register for self-assessment and complete a directors tax return, even if [...]
The draft VAT MOSS regulations have now been passed. This means a de-minimise turnover threshold of £8,818 will apply to the VAT MOSS scheme from [...]
The state of the Economy As announced by the Prime Minister the Era of austerity is @finally coming to an end' the chancellor repeated. [...]
It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]
Employers can opt to reimburse qualifying subsistence expenses incurred by their employees when travelling for work using the benchmark scale rates set by HMRC. This [...]