Corporation tax rate increase scrapped

In the March 2021 Budget, Rishi Sunak announced that the rate of corporation tax would increase to 25% from 1 April 2023 […]

Businesses investing in plant and machinery will welcome the decision to make the £1 million Annual Investment Allowance (AIA) permanent. This has […]

The much criticised “off-payroll” working rules were introduced for the public sector from 6 April 2017 and then extended to large and […]

The Government is in discussion with 38 local authority areas in England to set up ‘Investment Zones’ in specific sites within their […]

The new Chancellor has given his support to the tax-advantaged Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCT) and said he […]

The Government has announced two changes to the tax advantaged Company Share Option Plan (CSOP) scheme. There is currently a maximum employee […]

Chancellors always like to pull rabbits out of the hat and make surprise announcements at the end of their Budget speech. Although […]

Date What’s Due 1/10 Corporation tax for year to 31/12/21, unless quarterly instalments apply 5/10 Deadline for notifying HMRC of chargeability for […]

In response to a recommendation by the Office of Tax Simplification the Government have introduced draft legislation for inclusion in Finance Bill […]

The figures in the table below are the HMRC suggested reimbursement rates for employees’ private mileage using their company car from 1 […]