During last week’s mini-Budget, The Chancellor, Kwasi Kwarteng made extensive changes to taxation.
Will you be paying less Income Tax from April?
Tax
Corporation Tax rise axed as Chancellor aims for growth
Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week.
How a ‘fiscal event’ differs from a Budget
A ‘fiscal event’ is to be delivered on Friday, setting out what help is to be made available to get people through the winter and the cost-of-living crisis.
Tourism Tax – Will it help or hamper small tourist businesses?
Several cities, including those in the UK and the EU, are considering introducing a tax on visitors.
Interest rate hike puts pressure on taxpayers behind on payments
In light of the recent increase in the Bank of England’s base rate, HM Revenue & Customs (HMRC) has announced a rise in interest on both late paid tax and repayments of tax.
Tax year basis reform: How does this change affect me?
In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.
Tax year basis reform: Should I change my year-end?
In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.
New VAT Registration Service (VRS) set to launch
HMRC is introducing a new VAT Registration Service (VRS), it has been revealed. Read more
Changes to R&D tax credits regime introduced
New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting.
New tips legislation gives pay boost to millions in the hospitality sector
Proposed new legislation to allow hospitality workers to keep their tips has been broadly welcomed by a leading trade body. Read more