National Insurance and dividends tax rates to rise in 2022/23
National Insurance contributions (NICs) and the three dividend tax rates will all increase by 1.25% from April 2022. This is being done to create a social care package funded through a new UK-wide health and social care levy. This is expected to raise around £12... read more
Completing your 2020/21 tax return if you claimed SEISS
The self-employment income support scheme (SEISS) was launched in May 2020. This much-needed grant offered funding to self-employed workers whose businesses were impacted by the COVID-19 pandemic. If you’re one of the nearly three million self-employed individuals who... read more
COVID-19 Government Support Ends
The Coronavirus Job Retention Scheme (CJRS) and Statutory Sick Pay (SSP) Rebate scheme were two of the many grants introduced by the UK government amidst the pandemic. They were designed to help organisations stay afloat and keep staff in employment during closures... read more
P11D deadline approaching
Despite the coronavirus lockdowns, HMRC has confirmed that they still expect P11D forms reporting expenses and benefits to be submitted by the normal 6 July deadline. Employers need to submit a P11D form for each employee they’ve provided with expenses or benefits.... read more