Tax update: Government sets out new plans to tackle tax avoidance

The UK’s first ever ‘Tax Day’ was held on 23 March 2021, a year to the day that the UK entered its first lockdown.

Tax rates 2021/22: your guide

We are pleased to publish our annual tax rates guide, which summarises many of the rates and allowances fundamental to your business and personal finances.

Further government support for deferred VAT payments

Last year HMRC introduced the COVID-19 VAT Deferral Scheme for all UK businesses. This scheme allowed firms to defer their VAT payments between 20 March 2020 and 30 June 2020.

Government launches Brexit Support Fund for SMEs

HMRC have confirmed that small and medium sized enterprises (SMEs) will now be able to apply to the SME Brexit Fund to support them with customs duties and VAT obligations.

Six initial takeaways from Budget 2021

Earlier today, Chancellor Rishi Sunak delivered his Spring Budget, as the UK continues to face the impact of the COVID-19 pandemic.

Off-payroll working rule (IR35) changes from 6 April 2021

It now appears unlikely the government will further delay the introduction of the changes to the IR35/off-payroll working (OPW) legislation.

Tax Year End planning guide 2021

With the end of the tax year rapidly approaching, now is an ideal time to review your tax position and ensure that your finances are structured as efficiently as possible.

5 financial planning tips to consider before the tax year end

As we approach the final few months of the 2020/21 tax year, now is the time to consider your tax position and review your finances.

Brexit: New VAT trading guidance between Great Britain and Northern Ireland

From 1 January 2021, as the Brexit transition period comes to an end, the EU VAT rules concerning the supply and movement of goods will not apply in Great Britain (GB) i.e. England, Wales and Scotland.

COVID-19: Furlough scheme extended and Job Support Scheme (JSS) postponed

On Saturday 31 October, Prime Minister Boris Johnson announced a second national lockdown for England, with restaurants, gyms and non-essential shops set to close for four weeks from Thursday 5 November.

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