Unincorporated businesses could see significant changes to the way they are taxed following the launch of a basis period reform consultation by the Government.
Yesterday, a new NHS Levy of 1.25% payable by employees and employers was announced by Parliament and is due to be approved today. Whilst it seems to be be similar to National Insurance, there are some significant differences.
James McDonald reports on the Personal Tax highlights from the UK's first "Tax Day" on 23 March 2021
The UK has a very attractive set of tax incentives intended to encourage Research and Development (R&D) activities within the UK. Read this blog to ensure your business doesn't miss out on these valuable incentives.
Tax After Coronavirus, a report by the House of Commons Treasury Select Committee, was launched on 1 March 2021, a couple of days before the Budget speech. This report was described by the President of the Chartered Institute of Taxation as being one of the most substantial reports on tax reform in a generation.
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of the British people'. We have the pleasure in sharing our overview of the key measures in the Budget 2021
The postponed IR35 legislation implementation is coming into effect from 6 April 2021. To help businesses reassess their position, we've created this blog (and free guide to download) to explain the rules and evaluate the key determining factors.
To help you understand how the UK's VAT rules have changed since 1st Jan 2021, in this 2nd guide of our Beyond Brexit series, we're tackling VAT Changes.
With the swiftly evolving situation in relation to the Coronavirus (Covid-19) pandemic, it is clear that the constraints placed on the cross-border movement for individuals will provide potential disruptions for many when assessing their UK and overseas day counts. In this blog, Josh Mills shares his insights and provides useful guidance.
When it comes to incentivising your team one of the great advantages, so they say, of installing an EMI scheme is that your staff will never leave you! What is certainly true is that if there was ever a need to incentivise and engage your employees, then the time is now, to ensure that your business can be successful and ride the stormy waters of this global pandemic.
We have the pleasure in sharing our Summary of the Summer Economic Update 2020 presented by the Chancellor.
The deferral of VAT payments due to coronavirus comes to an end on 30 June and businesses must take action to reinstate their direct debit mandates.
With the US tax reform, the corporate tax rate was lowered to 21%. That sounds good, but what are the collateral issues for inbound investment?
UK pharma group GlaxoSmithKline found itself at the centre of a tax crackdown after authorities accused nearly 1,500 of its self-employed contractors of being “disguised employees”. This blog explains the changes to IR 35 legislation and the HMRC crackdown on standalone contractors and designating them as employees.