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...
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...
Diary of main tax events April/May 2022
Below you will find our diary of main tax events April/May 2022. If you need any further guidance on support on meeting these deadlines, our dedicated...
Making Tax Digital – Less than one week to go
Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses o...