As the 2021/22 tax year has now ended, employers need to carry out the following end of year procedures...
Diary of main tax events May/June 2022
Please see below for the diary of main tax events May/June 2022. If you need help with meeting these deadlines...
Stamp duty land tax possible changes
HMRC have been consulting on changes to the relief from HMRC have been consulting on changes to the relief from stamp duty land tax (SDLT)...
Annual Tax on Enveloped Dwellings
The Annual Tax on Enveloped Dwellings (ATED) was introduced in April 2012 and is charged where certain residential properties are owned within a corpo...
Reimburse private fuel for your company car?
Reimburse private fuel for your company car? Unless there is full reimbursement of fuel provided for the private use of a company car ...
Super-deduction for equipment runs until March 2023
The 130% super-deduction for companies that invest in new plant and machinery applies where the expenditure is incurred between 1 April 2021 and 31 Ma...
Trading losses – carry back or forward?
In the March 2021 Budget, it was announced that the normal one year carry back for trading losses would be extended to three years. ...
Changes to VAT rates from 1 April 2022
Many in the hospitality sector were hoping that the Chancellor would extend the 12.5% reduced rate that has applied since 1 October 2021 but, as sched...
Older pensions could be delivering poor value for money
Older pensions could be delivering poor value for money: In February, Research conducted by the Institute for Fiscal Studies funded by the Economi...