by Chris Barlow | Nov 24, 2022 | Latest, Tax
Despite previous decisions to cancel the increase, it has been confirmed that the main rate of corporation tax will go up to 25%. In the September mini budget, ex-Chancellor Kwasi Kwarteng had announced that the increase in the rate of corporation tax for a lot of...
by Chris Barlow | Nov 21, 2022 | Latest, Tax
Last week, Jeremy Hunt announced upcoming changes to income tax, most notably a reduction of the threshold at which people are required to pay the additional income tax. When Chancellor Jeremy Hunt delivered his long-anticipated Autumn Statement to MPs in the House of...
by Chris Barlow | Jun 24, 2022 | Latest, Tax
With the P11D deadline approaching on the 6th of July, here are a few things to consider. If you provide certain benefits (and/or expenses) to your employees, you must know that these may be subject to Class 1A NIC and tax. This also applies if you are receiving...
by Chris Barlow | Feb 17, 2021 | Construction, VAT Reverse Charge
VAT Reverse Charge for Construction Services: Expectations leading up to March 1st From 1st March 2021, workers in the UK construction industry may have to handle and pay VAT in a different way following the introduction of the new VAT reverse charge system....
