The National Insurance Contributions (NICs) threshold will increase to £9,500 per year from April 2020, the Government has confirmed. Read More
Month: January 2020
Rule change to shorten tax deadline for property sellers
Experts are warning that buy-to-let landlords and other property owners are at risk of financial penalties due to an obscure change to tax rules. Read More
Brexit – what happens next?
The UK is set to leave the European Union (EU) on Friday 31 January 2020 at 11 pm – but what happens next? Read More
Last call on tax returns, says HMRC
HM Revenue & Customs (HMRC) is calling on taxpayers who have yet to submit their tax return to do so urgently. Read More
Prime Minister hints at end of Entrepreneurs’ Relief
It has been strongly hinted that Entrepreneurs’ Relief will be scrapped under the new Government following words from Prime Minister Boris Johnson. Read More
SMEs: Eight out of 10 struggle to access funding for growth
According to the latest research, 80 per cent of UK small to medium-sized enterprises (SMEs) are struggling to access funding to grow their business. Read More
Get up to speed with new off-payroll working rules
Ahead of the introduction of the new off-payroll working rules, HM Revenue & Customs (HMRC) has published a factsheet outlining the changes and what they mean for small businesses. Read More
Can you beat these bizarre expenses claims?
An unsuccessful expenses claim for pet food for a Shih Tzu “guard dog” has been included in HM Revenue & Customs’ (HMRC) annual list of “imaginative and questionable tax claims”. Read More
One in five workers looking to start a business in 2020
According to new research by accounting software provider FreeAgent, one in five (22 per cent) UK employees plan to become their own boss during 2020. Read More
IR35 – everything you need to know about the off-payroll working regulations
New changes are set to come into force in April 2019 that will affect individuals and contracts that provide personal services through an intermediary for medium-sized and large businesses. Read More