13 Mar 2020 | Budget, Coronavirus, HMRC, Payroll, Self-employed, Small businesses
Coronavirus is spreading rapidly, and the UK Government have announced how they will be supporting the UK economy, businesses and individuals during the outbreak. Rishi Sunak announced a new package of new measures to help businesses and individuals during the...14 Feb 2020 | Gifts, HMRC, Personal finances, Tax Planning
New rules are coming into effect in 2020 meaning that all express trusts will need to be registered, whether or not they are liable to UK tax. Currently, you only have to register a trust if they have a relevant tax liability including, Income Tax, Capital Gains Tax,...10 Feb 2020 | Brexit, Business Owners, HMRC
The leaders of the UK and the European Union (EU) signed the Withdrawal Agreement, and the UK finally left the EU on 31 January 2020. Brexit has only just begun. What happens now that the UK has left the EU? Even though we have officially left the EU, we are now in a...10 Feb 2020 | HMRC, Personal Tax, Tax
Did you know that you will be liable to a 5% penalty in addition to interest charges if your tax is paid more than 30 days late? Now that the 31 January 2020 deadline for filing your 2019/20 Self Assessment tax return has passed, don’t forget that HM Revenue &...20 Jan 2020 | Budget, HMRC, Personal Tax, Tax, VAT
The December 2019 General Election meant that the Autumn Budget that was meant to delivered by Sajid Javid, was delayed. The new Chancellor, Rishi Sunak will now deliver his first Post-Brexit Budget on Wednesday 11 March 2020. In summary, we are expecting that the tax...