On 23 September 2022, Kwasi Kwarteng, the new delivered a Tax Cutting “Fiscal Event” or Mini-Budget to help boost economic [...]
Clients often ask how long they should keep records for as these vary across the taxes and type of entities, [...]
For VAT periods starting on or after 01/01/23, the default surcharge will be replaced by new penalties. This will affect [...]
HMRC are in the process of making MTD (Making Tax Digital) mandatory for all VAT registered clients from 01/04/2022. If [...]
A Trivial Benefit continues to be very popular and is frequently given by employers to directors and employees. These have [...]
HMRC have announced an extension to the January 31st filing deadline for personal tax returns. This will be a welcome [...]
On 27/10/21, Rishi Sunak delivered his third Budget in conjunction with the Public Spending Review. Many of the announcements had [...]
Subsistence is the tax term for food and drink. This is allowed as an expense if it is bought as [...]
What is Making Tax Digital (MTD)? Making Tax Digital (MTD) is a new and more efficient way of reporting your [...]
In the Chancellor’s second real Budget on 03/03/21 he announced that he had to level with people about the state [...]