With the self-employed and landlords facing a challenging economic environment, the government has again delayed the introduction of the Making Tax Digital (MTD) scheme for income tax self-assessment (ITSA) – this time by two years until April 2026. Although the introduction of MTD ITSA prompted the basis period reform, no...
Fiscal drag and the effects on your tax position
Fiscal drag is the stealthy way in which governments pull more and more taxpayers into...National Living Wage increase and rising employment costs
The 9.7% uplift to the National Living Wage (NLW) from April 2023 should be welcome...Cohabitation law reforms rejected
The government has rejected proposals to modernise cohabitation laws in England and Wales, leaving it...
Unsurprisingly, CGT was targeted in the government’s Autumn Statement, with the changes forecast to raise some £1.6 billion over the next five years. Will you be affected?
From 1 April 2023, a revaluation of business rates in England and Wales will see a range of increases and reductions. A targeted support package will help with the transition.
Year-End Review for 2022/2023 with a reminder of the Chancellor’s Budget speech with key deadlines and reminders. Read more.
Over-65s set new employment records according to the Office for National Statistics reveals. Will your retirement income be enough?
Mixed-use property for stamp duty - what does and doesn’t count for tax purposes. Read more in our blog here.
What are the tax implications of end-of-year parties?
