In the Chancellor’s second real Budget on 3 March 2021 he announced that he had to level with people about the state of the UK economy. Rishi Sunak has chosen a fine line between raising taxes to start paying down the...
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Domestic Reverse VAT Charge For Building And Construction Services
The domestic reverse VAT charge for building and construction services was due to come into effect from 1 October 2019. However, it was announced that the start date had been put back and these changes will now apply from 1...
Supporting Local Charities At Christmas
“2020 has been a tough year” is the understatement of the year. It has presented businesses and individuals alike with new challenges forcing them to adapt to new realities. Whilst 2020 has indeed been a difficult year for many, it is...
COVID-19 – Support For Businesses In Lockdown – Grant Application Form Now Available
On the 31 October 2020 the Government announced further national restrictions starting on 5 November 2020. The Government have put grant schemes in place to support businesses during this lockdown. Please see the following links for your area: Cheshire East Newcastle-under-Lyme Stoke Stafford If you would...
The Office Of Tax Simplification Calls For Capital Gains Tax Overhaul
The Office of Tax Simplification (OTS) is recommending aligning capital gains tax (CGT) rates with those attributable to income tax as well as sharply reducing the annual exempt amount in order to increase tax revenues and create a more equitable...