In a bid to encourage businesses to invest in productivity-enhancing plant and machinery assets, the government has introduced super-deduction. First announced in the March 2021 Budget and then the Finance Act 2021 in June, the super-deduction came into effect on 1... read more
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
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
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
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
Earlier this year, the government extended the year-long business rates holiday in England by another three months. This took the scheme up to 30 June 2021 and all eligible retail, hospitality and leisure businesses who have been impacted by coronavirus have been able... read more
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