Rising prices hurt just about everyone, but small business owners face a double hit: the impact on their own spending power, but also less revenue coming in from cash-strapped customers. The volume of retail sales fell 1.4% in March, with spending on food dropping by 1.1%. These are the first...
Higher rate taxpayers: no longer a select club
Higher rate taxpayer numbers are rising sharply, and if that’s you, then advice is now...Making Tax Digital update – May 2022
Making Tax Digital will come into effect for accounting periods commencing on or after 6...Student loan rule changes from 2023
Around three-quarters of those students who started full-time undergraduate degrees in 2020/21 are not expected...
Making Tax Digital (MTD) for VAT has been in place for three years, and from 1 April, all VAT-registered businesses should have applied MTD.
NIC boost means most self-employed who were facing increased NIC bills this year, but will now be paying less compared to last year.
The pandemic has freed many workers from the confines of the traditional office, leading to the emergence of a new breed of digital nomad – but before packing your bags, there are some practicalities that cannot be overlooked.
A critical review of how the government taxes child benefits has raised a major question mark over HMRC’s approach to...
The normal minimum pension age is set to increase from 55 to 57 on 6 April 2028, although some individuals will see their benefits protected under a new regime.
A recent First-Tier Tribunal ruling in the taxpayer’s favour has found that room rental is VAT exempt, but the decision may still be superseded by changes in legislation.
