Dividends – how are they taxed?
Date posted: 4th Nov 2021
Dividends have their own tax rules and their own rates of tax. The rules and the rates apply in the same way regardless of whether the dividends are…
Date posted: 4th Nov 2021
Dividends have their own tax rules and their own rates of tax. The rules and the rates apply in the same way regardless of whether the dividends are…
Date posted: 4th Nov 2021
Many clients will baulk at the fact that they will need to pay payments on account or advanced instalments, as it can seem, particularly in the first year…
Date posted: 11th Oct 2021
The planned digital tax revolution has been postponed for the time being. The government, having listened to stakeholder feedback from businesses and the accounting profession, announced that they…
Date posted: 5th Oct 2021
In case you missed our last update, the Prime Minister announced on 7 September that the government will introduce a new 1.25% Levy to provide an extra £12…
Date posted: 5th Oct 2021
As we enter Autumn, we can look forward to mowing the lawn less frequently and the dark winter nights that are heading our way. However, for many businesses,…
Date posted: 5th Oct 2021
The super deduction is intended to give tax relief at an enhanced rate for expenditure on brand-new capital items such as plant and machinery, vans, trucks etc. However,…
Date posted: 5th Oct 2021
From April 2022, those renewing licences to drive taxis and private hire vehicles, to operate a private hire vehicle business or to deal in scrap metals, will only…
Date posted: 5th Oct 2021
Capital allowances are generally available to give tax relief on expenditure such as machinery, vans, computers, etc, under the mantra of “plant and machinery”. The capital allowance legislation…
Date posted: 5th Oct 2021
As employees return to work after the end of CJRS furlough support, they need to start thinking about childcare if they have children. If they haven’t already done…
Date posted: 5th Oct 2021
If you have a personal tax account with HMRC, it may be worthwhile checking your account to see if any fraudsters have managed to access your account. As…
