Many parents have been missing out on Tax-Free Childcare, after it was revealed that one in five parents did not know they met the eligibility criteria.
Parents missing out on Tax-Free childcare allowance encouraged to claim
Tax Blog
Get your tax in order as National Insurance rises
With the arrival of April’s payslips in people’s pockets, the recent rise in National Insurance will be clear to see.
Discovery assessments: Catch up with the latest changes
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government.
Generous tax incentives for investing in higher risk enterprises
With the cost of living rising steeply and taxation at its highest level for decades, tax breaks are welcome, particularly for those looking to invest their money in business.
Employers given £1,000 saving thanks to rise in Employment Allowance
First announced by the Chancellor in the Spring Statement, changes to the Employment Allowance, worth up to £1,000 for eligible small businesses, came into effect on 6 April.
Steep price rise warning as hospitality businesses yet to receive Omicron funding
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
Latest deadline for Making Tax Digital for VAT comes into force imminently
A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system.
Plastic Packaging Tax: what to know as deadline looms
There are just two weeks left until the Plastic Packaging Tax (PPT) comes into effect on 1 April 2022.
Tax planning for 2022 – what you need to know
No one wants to pay more tax than they are required to and yet every year hundreds of thousands of taxpayers miss out on opportunities to reduce their tax bill.
The clock is now ticking down to the end of the tax year in April, and with many experiencing a squeeze on living standards, there has never been a better time to plan for tax.
Watch out for tax scams, warns HMRC
HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity.