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NEWS AND UPDATES


Finance Bill amendments
Following the Budget in early March, the current Finance Bill was published on 11 March 2021. Since that date, a number of amendments...
Jun 7, 20211 min read
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June Key Tax Dates
1st Due date for payment of Corporation Tax for accounting periods ended 31 August 2020 7th Electronic VAT return and payment due for...
May 28, 20211 min read
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Pension fraud increased to £1.8 million in first quarter of 2021
Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud. 107...
May 28, 20211 min read
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HMRC sets out penalty regime for SEISS abuse
The fourth Self-Employed Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse of the scheme. An...
May 24, 20211 min read
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New claims required for home working tax relief
Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated. From 6 April...
May 21, 20211 min read
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New 95% mortgage scheme launched
On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to...
May 19, 20211 min read
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CBI calls for extension of Kickstart Scheme as jobs market remains subdued
The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing...
May 14, 20211 min read
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Recent changes to IR35 "undermine the self-employed" says IPSE
The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to...
May 11, 20211 min read
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Recovery Loan Scheme opens to businesses
On 6 April, the Recovery Loan Scheme (RLS) was introduced to replace the government's coronavirus lending schemes. The RLS provides...
May 7, 20211 min read
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Fourth self-employed grant now open for online applications
On 21 April, the online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant was opened for...
May 7, 20211 min read
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May - key tax dates
1 - Due date for payment of Corporation Tax for accounting periods ending 31 July 2020 5 - Quarterly employment intermediaries report...
May 4, 20211 min read
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One step closer! Are you ready?
As we move through the Government’s roadmap, employers will be considering and planning for how they intend their teams to operate. This...
May 4, 20212 min read
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UK cuts electric vehicle grants by £500
The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles....
Apr 29, 20211 min read
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ICAEW urges HMRC to rethink quarterly reports under MTD for corporation tax
The Institute of Chartered Accountants in England and Wales (ICAEW) has urged HMRC to rethink the requirement for companies to report...
Apr 29, 20211 min read
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Government publishes details of Finance Bill 2021
The details of the Finance Bill 2021 have been published by the government. The Bill outlines the key measures set to be brought into...
Apr 26, 20211 min read
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Consultations launched on UK's first Tax Day
The government has published over 30 updates, consultations and documents on the UK's first ever Tax Day. The announcements, which would...
Apr 26, 20211 min read
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Business rates relief extended with £1.5 billion fund
The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the...
Apr 23, 20211 min read
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HMRC publishes details of final grants for self-employed
HMRC has published details of the eligibility criteria of the final two grants available under the coronavirus (COVID-19) Self-employment...
Apr 23, 20211 min read
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£20 million SME Brexit Support Fund opens for applications
The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to...
Apr 9, 20211 min read
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National Minimum and Living wages increase
UK workers are set to benefit from rises in the National Minimum Wage (NMW) and the National Living Wage (NLW) rates that took effect...
Apr 9, 20211 min read
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