The Government has written to VAT-registered businesses explaining what actions they need to take to prepare for life outside of the European Union.
Due to the rising concerns surrounding the second wave of coronavirus infections, and the effect it will have on the UK economy, the Chancellor Rishi Sunak is to announce the extension of the Government’s emergency Coronavirus Business Interruption Loan Scheme
The Annual Investment Allowance (AIA) for capital allowances was increased to £1,000,000 per annum for expenditure from 1 January 2019 – however, this was only a temporary measure and it is reducing back to £200,000 from 1 January 2021.
The Government has announced that it has secured a free trade agreement with Japan, which is the first major trade deal agreed as an independent trading nation.
During 7-11 September 2020, the Chartered Institute of Payroll Professional (CIPP) is hosting and celebrating the 22nd anniversary of National Payroll Week.
The landmark Kickstart employment scheme, designed to get young people into work, is now open for applications, the Government has announced.
More than 1.2 million Government-guaranteed loans worth £52.7 billion have now been delivered to businesses affected by Covid-19, the latest figures have revealed.
International Development Secretary Liz Truss has set up 11 new trade advisory groups covering a range of key sectors in a bid to drive business engagement in the UK’s trade negotiations.
Every year, billions of pounds of tax relief goes unclaimed, with businesses missing out on potential savings.
The distinction between a “van” and a “car” can have significant implications for tax, particularly concerning how they are treated for benefit in kind purposes – a van would generally have a lower benefit in kind charge than a car.