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Social Care Funding Reforms – aka Tax Rises

by Jessica Garbett | Oct 1, 2021 | business taxation, personal finance, personal taxatation

On 7th September 2021 the Prime Minister broke a Manifesto Commitment and announced rises to National Insurance in order to fix Social Care costs. Of course its right to suspect that this may just be a sticking plaster – health and social care can be a near...

ACCA: Tax rises – national insurance and dividend rates

by Jessica Garbett | Sep 21, 2021 | ACCA, business taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA What does the prime minister’s announcement last week mean for your business? Prime Minister Boris Johnson announced on 7 September that,...

ACCA: Discovery assessments – and deliberate errors

by Jessica Garbett | Jul 29, 2021 | ACCA, business taxation, HMRC, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Supreme Court ruling could have significant impact on future assessments The Supreme Court ruled on a ‘discovery assessment’ case (HMRC v...

ACCA: HMRC compliance checks

by Jessica Garbett | Jul 15, 2021 | ACCA, business taxation, HMRC, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Anybody running a business needs to be concerned about the possibility of facing a tax inspection  New powers such as getting information...

ACCA summary of Latest news and updates from HMRC

by Jessica Garbett | Apr 26, 2021 | ACCA, business taxation, capital taxation, Covid19, personal taxatation, property taxation

Latest news and updates from HMRC Catch up on this weeks update from HMRC on CJRS and deferment   The following quick links help navigate through the HMRC site: VAT deferral – apply now to spread your payments further   The VAT deferral new payment scheme is open...

Don’t miss the 1 April tax payment deadline

by Jessica Garbett | Mar 15, 2021 | ACCA, business taxation, Covid19, HMRC, personal taxatation

If you benefited from HMRC’s filing extension, make sure you avoid the 5% penalty Around 1.8 million individuals benefited from a hard-fought campaign which encouraged HMRC not to charge a late filing penalty – provided that returns were submitted online by 28...
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