What is tax compliance?
4 October 2021
What is tax compliance? In a nutshell, tax compliance is about ensuring the correct amount of tax is being paid whether you
Category: Accounting
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Temporary 5% reduced rate of VAT ends 30 September 2021
30 September 2021
Temporary 5% reduced rate of VAT ends 30 September 2021 From 30 September 2021 the 5% reduced rate of VAT for certain
Register for self-assessment by 5 October
24 September 2021
Register for self-assessment by 5 October A reminder that the last date to register for your self assessment tax return is 5
1.2% Increase to National Insurance Contributions
9 September 2021
1.2% Increase to National Insurance Contributions From April 2022,National Insurance Contributions (NICs) are set to rise by 1.25% to cater for a
Construction accounting basics
2 September 2021
Construction accounting basics All contractors must register for the Construction Industry Scheme (CIS). The HM Revenue and Customs (HMRC) scheme means that
Modernising tax administration
29 March 2021
Modernising tax administration The government’s latest announcement has outlined the measures for its 10-year tax administration strategy. The Tax policies and Consultations
COVID-19 update: Prepare for grant changes from 1 July 2021
17 March 2021
Prepare for grant changes from 1 July 2021 As per the budget announcement earlier in March, the Furlough Scheme is extended until
National Minimum Wage and National Living Wage rate updates
9 March 2021
National Minimum Wage and National Living Wage rate updates The National Minimum Wage and National Living Wage rates will rise on 1
IR35 off-payroll working rules
26 February 2021
IR35 off-payroll working rules From 6 April 2021 off-payroll working rules and how they apply will change. All public authorities and medium
VAT deferral new payment scheme
25 February 2021
New VAT deferral payment scheme HMRC has announced that businesses that deferred VAT payments between 20 March 2020 and 30 June 2020