News

VAT registered businesses making taxable supplies above the £85,000 registration threshold have been involved with Making Tax Digital (MTD) since April 2019. The next roll-out will be the introduction of…

Since 6 April 2021, large and medium-sized organisations have had to determine whether or not a worker supplying their services via their personal service company would be treated as an…

The fifth (and final) SEISS grant will be available for the self-employed to claim towards the end of July. HMRC will contact those traders that may be eligible with their…

If a company makes a trading loss of no more than £200,000 in an accounting period, it is now possible to claim relief for that loss even though the corporation…

Businesses need to invest in nurturing the next generation of talent. Regardless of the industry, you work in, how you and your management team nurture the next generation of talent…

What’s better than a new website? A new website that gives prizes! We invited colleagues and clients to check out our new website to find the digital coins hidden in its…

HMRC are currently attacking a marketed tax avoidance scheme using unfunded pension arrangements to avoid Corporation Tax, Income Tax and National Insurance contributions. HMRC strongly believes these arrangements do not…

Pension contributions to approved pension funds on behalf of employees and directors continue to be tax-free, provided the annual input limit is not breached. The contributions are also deductible for…