News

December 2022 In this month’s Enews we consider news from the Autumn Statement, household incomes and business forecasts. We also update you with the latest on auto-enrolment and exports. With information on the Digital Services Tax and advisory fuel rates, there is a lot to update you on. Tax burden rises following Autumn Statement CBI praises…

November 2022 In this month’s Enews we consider the latest news on the upcoming Autumn Statement. We also update you on inflation and the cost-of-living crisis. With guidance for employers and a warning for self assessment taxpayers, there is a lot to update you on. Government pushes back economic statement New PM must restore confidence, say…

October 2022 In this month’s Enews we consider the latest news on the Mini Budget and the reversal of the plan to scrap the 45p rate of income tax. We also update you with details of the government’s energy support schemes and the Making Tax Digital for VAT. With news on the SMEs recruitment struggles and…

September 2022 In this month’s Enews we consider the latest news on Making Tax Digital for Income Tax (MTD for IT) and increases to the energy price cap. We also update you with the warnings on a possible Emergency Budget and the latest rates of inflation. With news on the advisory fuel rates for cars and…

AUGUST 2022 In this month’s Enews we consider the relaunch of the Recovery Loan Scheme. We also update you on increases to the National Insurance threshold and the IMF’s latest economic forecasts. With new Financial Services legislation going through Parliament and calls to make the super-deduction permanent, there is a lot to update you on. Article…

Newsletter 166 In this month’s Enews we consider the major announcements from the Chancellor’s Spring Statement. We also update you with the latest economic growth forecasts and the Bank of England’s latest decision on interest rates. With guidance on student loans and ground rents for leaseholders, there is a lot to update you on. Non-Domiciles in…

Highlights for business in the Chancellors Statement and commentary by Walker Thompson 1) Fuel Duty reduced by 5p per litre – with fuel at its highest ever prices no changes are made to the tax free mileage rates which have been at 25p and 45p for a long        time 2) National Insurance…

Spring Statement is the time to act, says CBI Coronavirus SSP Rebate Scheme set to close on 17 March Businesses urged to apply for remaining COVID-19 support grants Two freeports planned for Scotland HMRC raises late payment interest rate to 3% MPs call for road pricing to replace motoring taxes Over a million take advantage of…

COVID-19 support grants paid to companies must be included on company tax returns Government scheme gives discounts of up to £5,000 on accounting software Claims portal reopens for Statutory Sick Pay Rebate Scheme Consumer group urges taxpayers to avoid using refund firms to claim tax rebates National insurance rise ‘set to squeeze budgets’, warns CBI No…

Chancellor announces £1 billion fund for businesses Self assessment taxpayers must declare COVID grants on tax returns HMRC waives self assessment penalties for one month to ease COVID-19 pressures Scottish Budget 2022 Welsh government delivers Budget FCA to introduce new consumer duty HMRC latest guidance for employers Over 440,000 small firms at risk due to…