Help to Grow: Digital Scheme receives a boost
More than a million businesses can now benefit from Help to Grow, as the eligibility criteria has been expanded to cover businesses with at least one employee.
Tax year basis reform: Should I change my year-end?
In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.
New VAT Registration Service (VRS) set to launch
HMRC is introducing a new VAT Registration Service (VRS), it has been revealed.
Are you make income tax savings on Gift Aid donations?
When it comes to making savings, any reduction to your income tax bill must be welcomed. As a famous grocer points out: “Every little helps”.
The benefits of taking on an apprentice
With the current labour shortage affecting pretty much all areas of the economy, taking on an apprentice could reap rewards for many businesses.
Extended Enterprise Management Incentive valuation period to be wound down
Businesses have been reminded of a change in a share option scheme that enables companies to attract and keep key staff by rewarding them with a share of the business.
Changes to R&D tax credits regime introduced
New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting.
New tips legislation gives pay boost to millions in the hospitality sector
Proposed new legislation to allow hospitality workers to keep their tips has been broadly welcomed by a leading trade body.
How can tourism businesses achieve Net Zero?
As the UK experiences unprecedented high temperatures, your tourism business may well be benefiting from increased sales. However, whilst ice creams are flying off the shelves a much bigger dilemma is presented…
Survey shows taxpayers are still unprepared for Making Tax Digital switchover
A new survey on Making Tax Digital (MTD) shows taxpayers have an alarming lack of readiness and enthusiasm for the changeover and a lack of awareness that MTD for Income Tax begins in less than two years.
