Following the announcements of increases to the rate of National insurance and Dividends along with the increased threshold for National insurance from July 2022 and the extra employment allowance, many of our directors are unsure what to pay themselves.
It’s nearly Easter time, and many businesses like utilise occasions like this to share the love with clients and colleagues. But what are the tax implications of giving gifts through your business?
Following the Chancellor’s Spring Statement, we’ve broken down some of the key points to make them more digestible. We will continue to update this page as more guidance is released.
Get up-to-date with the latest tax changes coming in for 2022 including business rates, capital gains and green investment relief.
A new points based penalties system for VAT tax is coming this April. Find out how this new penalty system will work.
As a small business you could be eligible for small business rates relief. Find out what you can get and how.
You may have to pay interest and a penalty if you do not report Capital Gains Tax on UK property within 30 days of selling it.
Businesses get more time to prepare for digital tax changes as Making Tax Digital for Income Tax will now be introduced in April 2024
The UK Government are set to raise National Insurance by 1.25% to boost health and social care in the wake of the pandemic. Find out more
The temporary increase to the nil rate band for Stamp Duty Land Tax (SDLT) is returning to the standard rate on 1 October 2021. Find out more.
The super-deduction was introduced in the 2021 Spring budget with a 130% capital allowance to encourage businesses to invest more.
Find out the Company and Road tax breaks and credits available to electric car drivers, from benefit-in-kind to road tax.