News
Draft legislation published for next Finance Bill
24 August 2021
Taxation and other measures to be included in the Finance Bill for 2021-22 have now been announced. The draft legislation largely covers pre-announced policy changes, along with accompanying explanatory notes, tax information and impact notes, as well as responses to consultations and other supporting documents.
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Super-deduction gives businesses confidence to grow
24 August 2021
As the UK economy gets back to full speed and confidence grows amongst small businesses, the impact of the ‘super-deduction’ and the ‘special rate allowance (SRA)’ should encourage even stronger growth. According to HM Revenue & Customs (HMRC), the super-deduction will give companies a strong incentive...
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Taxman says help available as debt collection resumes
24 August 2021
HM Revenue & Customs (HMRC) has warned that debt collection will resume as the UK emerges from the pandemic and it will be contacting taxpayers who have fallen behind with their taxes. HMRC says it will take an understanding and supportive approach to dealing with those who have tax debts or are concerned...
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SMEs optimistic and frustrated as economy set to thrive
24 August 2021
With predictions that the UK economy is set to grow at its fastest pace in 80 years and could recover to its pre-pandemic size by the end of this year, SME owners are feeling more optimistic and are keen to invest in growth.
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HMRC auto-correcting 2020-21 SEISS tax returns
24 August 2021
Where grants claimed under the self-employment income support scheme (SEISS) do not correspond with records held by HM Revenue & Customs (HMRC), it will auto-correct 2020-21 tax returns and issue a new SA302 calculation to both taxpayer and acting agent.
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Government to launch new animal welfare standards following EU departure
20 August 2021
New legislation will protect the welfare of farm animals being transported across England and Wales, the Government has announced.
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How can I prepare to use the Customs Declaration Service?
12 August 2021
It was announced earlier this month that the Customs Declaration Service (CDS) will serve as the UK’s “single customs platform” from 31 March 2023.
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Travelling to Europe? This is what business travellers need to know
06 August 2021
While the Coronavirus pandemic continues to disrupt business travel around the world, there is still confusion as to how Brexit affects business travel in and around Europe. If you are travelling to the European Union for business, here are the key rules you need to know about.
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The fifth round of the Self-Employment Income Support Scheme (SEISS) is now open
02 August 2021
HM Revenue & Customs (HMRC) has announced that the portal for the fifth round of the Self-Employment Income Support Scheme (SEISS) is now open. In recent weeks, the tax authority has been directly contacting taxpayers that it believes are eligible for the fifth round of the scheme, providing them with their personal claim date.
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Businesses urge Government to reopen SME Brexit Support Fund as two-thirds of cash goes unclaimed
30 July 2021
Business groups have called on the Government to reopen the SME Brexit Support Fund after it was revealed that just a third of the grants available had been awarded. The £20 million initiative was launched this summer in response to Brexit to help up to 10,000 traders get to grips with new customs processes.
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Case Studies
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Sometimes a business does exactly as it says on the tin
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Smiles all round for dental practice
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A shared passion for architecture and a head for numbers
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Taxing demands with old school charm
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Cut above the rest in personal management style
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A taste for growth, a thirst for knowledge
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Child's play with proactive accounts management
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Customer care is top of the list for packaging business
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A modern approach required for music moguls