by Ruth Clark | Oct 26, 2022 | Tax
HMRC made some changes to the way Corporation Tax needs to be filed online in September, and companies need to be aware of what they are now expected to do and where there could be difficulties with filing online for certain items. One change which has been announced...
by Ruth Clark | Oct 19, 2022 | Business, Tax
Registered company insolvencies in England and Wales rose by 43% in August this year compared to the same period in 2021, and they were 42% higher than in August 2019, the comparable period before the pandemic. In August this year, there were 1,662 Creditors’...
by Ruth Clark | Oct 14, 2022 | Budget Announcement, Tax
Extension of Incentives and reliefs for Business Investments through (EIS, SEIS, and VCTs) by Chancellor to boost growth in 2022 The government-backed schemes such as Venture Capital Trusts (VCTs) and the Enterprise and Seed Enterprise Investment Schemes (EIS and...
by Ruth Clark | Oct 12, 2022 | HMRC, Tax
The changes to income tax rates are going to benefit all taxpayers from April next year as they get to keep more of the money they have earned. But one knock-on effect is that the amount of tax relief you can get on your pension will be reduced for both 20% and 45%...
by Ruth Clark | Oct 5, 2022 | Budget Announcement, Tax
New chancellor Kwasi Kwarteng delivered his first mini-Budget, officially labelled ‘The Growth Plan 2022’, on September 23, and while it largely consisted of tax giveaways, it was not well received by markets. The FTSE 100 fell sharply on the day from 7,221 on...
by Ruth Clark | Sep 21, 2022 | Couples Allowance, Tax
The end of the summer holidays is upon us and not only does this mean the children going back to school, but also a return to more normal work and family life as we head into the autumn. With prices going up at seemingly ever faster levels, are you getting all the...
