Recently published figures showed that the cost of living rose by 5.1% in the 12 months to November, its highest rate in 10 years.
The UK’s fiscal year (or tax year, as it’s more commonly known) ends on 5 April and with it any annual allowances which HMRC offer for the 2021/22 tax year.
A temporary amendment has been made to statutory sick pay regulations which sees employee’s being able to self-certify for 28 days opposed to 7 days.
The Bank of England (BoE) has raised interest rates for the first time since the start of the coronavirus pandemic, despite growing concern over the ‘Omicron’ variant.
Leading hospitality and leisure expert welcomes support announced today, but warns of further uncertainty
A leading hospitality and leisure specialist accountant has welcomed the support announced today for hospitality and leisure businesses facing the consequences of the omicron variant – but says that what the sector really needs is certainty going forward.
In November 2018, the UK State Pension age was 65 for men and women. However, this has been gradually increasing and when you receive your State Pension now, depends on when you were born. Therefore, State Pension age for all men and women will reach age 67 by 2028.
Introduced in the 2018 Budget, the Structure and Buildings Allowance (SBA) enables businesses to reclaim a percentage of their costs on the construction of qualifying new non-residential structures and buildings.
Taxpayers have been in limbo for several years, wondering whether the Government would act on any of the recent proposals for changes to capital taxes.