Tax News

How does Full Expensing work?


Chancellor Jeremy Hunt has announced a partial replacement for the Super Deduction that allows companies to write off 100 per ...

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Crypto transactions to become part of Self-Assessment under new regulations


The Government has announced there will be greater scrutiny on the reporting of all crypto transactions, including for cryptocurrencies and ...

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How do changes in Corporation Tax affect my business?


Changes to the amount of Corporation Tax (CT) businesses pay came into effect on 1 April. From that date, the ...

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Government announces shakeup in the payment of Benefits in Kind


The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents ...

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Inheritance Tax – here’s what family business owners need to consider


When it comes to succession planning in family businesses, there are many factors to consider, including the potential impact of ...

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Fuel rate boost for electric car drivers, but other advisory fuel rates cut


Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from ...

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Businesses must be prepared for imminent changes to Corporation Tax


Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and ...

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R&D tax reliefs are changing in April – Are you ready?


Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will ...

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Make voluntary National Insurance contributions to ensure pension entitlement


People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls ...

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