News Centre

Action Fraud has warned the public to remain vigilant when making festive charitable donations as the number of scams rises.

The Institute of Directors (IoD) has warned the government that a rise in CGT would affect Britain's entrepreneurial spirit.

The deadline for submitting your 2019/20 self assessment return is 31 January 2021.

HMRC and the Advertising Standards Authority (ASA) have launched a new joint enforcement notice to cut out misleading marketing by promoters of tax avoidance schemes.

Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of April 2021.

Chancellor Rishi Sunak has announced a new £4.

HMRC is advising the self employed that the Self-Employment Income Support Scheme (SEISS) has been extended.

HMRC has issued some guidance to taxpayers that deferred their VAT payments between 20 March and 30 June 2020 and still have payments to make.

It is important for employers to be aware that as of 1 January 2021, the UK will introduce a points-based immigration system, signalling the end of free movement.

The furlough scheme supporting workers temporarily laid off due to the coronavirus crisis will be extended by a month until the end of April.

The Treasury has confirmed that the £1 million cap on the Annual Investment Allowance (AIA) is to be extended for an additional year as the government continues to look at ways to stimulate the economy.

In a new consultation HMRC has confirmed that Making Tax Digital for corporation tax (MTD for CT) will not be implemented until 2026 'at the earliest'.

HMRC is warning self assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the tax return deadline.

Increased minimum wage rates have been announced to take effect from 1 April 2021.

HMRC has confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the tax exemption rules for annual functions.

It is time to prepare for the end of the Brexit transitional period.

Some employers may wish to give a small gift to their employees.

HMRC's guidance on how to pay VAT payments deferred between 20 March and 30 June 2020 has been updated.

For claim periods starting on or after 1st December 2020, employers cannot claim CJRS grant from the government to cover 80% of furlough reference pay salary for any days on or after 1st December 2020 during which the furloughed employee was serving a contractual or statutory notice period.

On 9th November, we received notification that Companies House will stop sending paper reminder letters regarding accounts and confirmation statements.