Nadim Zahawi, delivered the Chancellor’s Mansion House speech last night, speaking of the global fight against inflation, the need for private sector growth and the critical role of financial services.
HMRC has widened the pilot and simplified the quarterly requirements of Making Tax Digital for Income Tax Self-Assessment or MTD for ITSA for taxpayers with gross income from self-employment between £10,000 and the £85,000 VAT threshold, but many are concerned that the trial is too limited, the timescale too tight and the detail too brief to mean taxpayers will be ready for the April 2024 deadline.
Stuart Hulland, Partner at Bates Weston gives an update on the next phase of Making Tax Digital, MTD for Income Tax Self Assessment, now that the MTD VAT deadline has passed.
Read our round up of the hot topics affecting the Charities and Not for Profit sector in our latest newsletter.
A summary of the Spring Statement 2022 and a round up of the significant measures announced in the two 2021 Budgets that may impact your finances.
In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.
A summary of what you need to know, as an employer or if you are self employed, to prepare for the Health and Social Care Levy.
Your Self Assessment tax return can be complicated, especially when you consider the impact Covid and business support grants have had on your profits.
Did Rishi Sunak’s Conservative Conference speech give any clues about his plans for Capital Gains Tax?
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