The Chancellor announced in the Autumn Budget an extension of the temporary increase in the Annual Investment Allowance (AIA) to 31 March 2023. Most corporate and unincorporated businesses are able to utilise the AIA to claim 100% tax relief on their qualifying...
Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to "build back better" with ambitions to level up and reduce regional inequality. Main Budget proposals Tax measures include: a new temporary...
The Chancellor announced in his Autumn Budget that from 27 October 2021 the deadline for UK residents to report and pay Capital Gains Tax (CGT) after selling UK residential property will increase from 30 days after the completion date to 60 days. This change follows a...
Introduction On 15th October the contactless spending limit increased to £100. Although the limit has been increased, the retail industry has said that it could take months to implement this change before all shoppers can use the new payment threshold. The 15th...
For many years HMRC have operated a concession under which associate dentists are treated as self-employed for tax purposes rather than employed. However, from 6 April 2023, this concession will be removed. How will this impact dental practices? At present, the...
Clearly, the pandemic has hit many sectors hard but the care home sector is currently suffering from severe staffing pressures. New mandatory vaccines being imposed for all staff (unless medically exempt) and changes to immigration rules following Brexit have added...
Forecasts by estate agent Hamptons have found that house prices are set to continue rising by 3.5% a year in Great Britain between 2022 and 2024. What is causing house prices to increase? Predictions have found that more homes will be sold in 2021 than any...
Figures from the UK Civil Society Almanac 2021 show that the UK voluntary sector workforce has increased by 20% over the past decade. In addition, the report showed that income for the voluntary sector hit record levels in the 2018/19 financial year. The statistics...
The Chancellor announced in the Autumn Budget an extension of the temporary increase in the Annual Investment Allowance (AIA) to 31 March 2023. Most corporate and unincorporated businesses are able to utilise the AIA to claim 100% tax relief on their qualifying...
Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to "build back better" with ambitions to level up and reduce regional inequality. Main Budget proposals Tax measures include: a new temporary...
The Chancellor announced in his Autumn Budget that from 27 October 2021 the deadline for UK residents to report and pay Capital Gains Tax (CGT) after selling UK residential property will increase from 30 days after the completion date to 60 days. This change follows a...