Corporate tax increases – ar...
Event date: 1st Jan 1970
It was announced at the 2021 Budget, that the corporate tax rate would rise from 19% to 25% from April 2023. Considering that corporate tax was meant to…
Event date: 1st Jan 1970
Event date: 1st Jan 1970
It was announced at the 2021 Budget, that the corporate tax rate would rise from 19% to 25% from April 2023. Considering that corporate tax was meant to…
Event date: 1st Jan 1970
For personal and family companies, a tax efficient strategy for extracting profits is to take a small salary and to extract any further funds needed in the form…
Event date: 1st Jan 1970
For the month of‌‌ July the CJRS Furlough grant support from the government via HMRC reduces to 70% of the employee’s usual pay for hours not worked. This…
Event date: 1st Jan 1970
The fifth (and final) SEISS grant will be available for the self-employed to claim towards the end of July. The eligibility criteria remain broadly the same as the…
Event date: 1st Jan 1970
Pension contributions to approved pension funds on behalf of employees and directors continue to be a tax-free benefit provided the annual input limit is not breached. The contributions…
Event date: 1st Jan 1970
There could be a rise in the number of divorces, following recent announcement that the Divorce, Dissolution and Separation Act 2020 will come into force in April 2022….
Event date: 1st Jan 1970
A recent case before the tax tribunal has confirmed that all of a company’s shares are ordinary shares except those that carry a fixed rate of return. This…
Event date: 1st Jan 1970
When a person passes away, the value of assets in their estate are usually revalued to market value, at the date of death, for capital gains tax purposes….
Event date: 1st Jan 1970
It was announced at the 2021 Budget that a company with trading losses incurred in accounting periods ending between 1 April 2020 and 31 March 2022 can be…
