A guide to the new off payroll working rules, effective from 6 April 2021 and the actions personal service company directors may need to take.
Derby Tax advisors
Capital Gains Tax speculation
Conspicuous by its absence in the Budget, speculation continues on the possible changes ahead for Capital Gains Tax. What has the Office of Tax Simplification recommended so far?
Budget 2021
A summary of the headlines from Budget 2021.
Budget 2021 predictions
Balancing paying the £400 billion Covid bill versus stimulating consumer demand and business investment. The Budget 2021 predictions are caught in the same dilemma.
Business rates relief and reform
Business rates relief and reform may well be on the cards. Expect an extension to business rates relief in the Budget on 3 March and indications of the path business rate reform might take.
Self Assessment taxpayers will not face late filing penalty, if filed online by 28 February
No late filing penalty if self assessment tax return filed by 28 February 2021, but interest will still be charged on any outstanding liabilities. More time to file your online return and make Time To Pay arrangements.
Residual tax and the loan charge
Richard Coombs considers HMRC’s updated guidance on collecting any residual tax due as a result of the loan charge.
Government publishes review of R & D tax relief regime
Government review of R& D tax relief indicates that the relief does promote R & D spending but that 51% of companies have never heard of it. Richard Coombs takes a look at the findings.
Capital Gains Tax overhaul expected following Capital Gains Tax Review
Craig Simpson , Tax partner at Bates Weston, looks at the recommendations made by the OTS’ first report on the Capital Gains Tax review requested by the Chancellor.
Looking to grow? Take the next step
From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.