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All of the latest tax and finance news.
Kickstart Scheme
You may be able to benefit from funding under the Kickstart Scheme if you are looking to create new jobs for young people. The job must be a new job and must be for at least 25 hours a week for six months. A grant of £1,500 to cover set-up costs and employability support.
Back to the office
Now that the ‘work from home if you can’ guidance has been lifted, employees are returning to the office. If, following their return, you allow employees to keep their homeworking equipment for personal use, there may be tax consequences to consider....
Collection of tax debts after COVID-19
During the COVID-19 pandemic, HMRC paused much of their debt collection work, both to divert resources to administering the various COVID-19 support schemes and to help taxpayers whose finances were adversely affected by the pandemic. However, as the country emerges...
Making Tax Digital – Income Tax – April 2023
Making Tax Digital for income tax will apply from April 2023 for self-employed businesses, partnerships and landlords with total gross income above £10,000. Businesses and landlords who join MTD for income tax will need to submit a quarterly summary of their business...