Starting in April 2023 many second homeowners will not qualify to pay business rates rather than council tax. However, the good news is that if they can demonstrate that their properties are rented out as a self-catering holiday let for at least 70 days a year then...
England Woodland Creation Offer With a shift in regime from the Basic Payment Scheme to one targeting agri-environmental objectives, more farmers are looking to forestry as a way to generate income. The England Woodland Creation Offer (EWCO) is a scheme available...
Are you being nudged? In November 2021 HMRC began sending letters out encouraging UK domiciled individuals to pay income tax and capital gains tax (CGT) on income and gains arising from crypto-asset holdings. If you have received one of these ‘nudge’ letters you must...
It’s no secret that many sectors are facing severe wage inflation with many locked in ongoing battles to retain their best staff. Indeed, as the economy begins to open up as Omicron-related restrictions are eased, many legal firms in particular are facing a backlog of...
A recent industry survey has shown that many UK manufacturers are optimistic that productivity and business conditions will improve in 2022. Despite the fact that many UK manufacturers will be facing many challenges such as: Retaining staff Inflation Rising input...
Rail fares increase in line with July’s RPI inflation rate The government has confirmed that rail fares across England are due to increase by 3.8% in March 2022. This is the largest increase in rail fares within the last nine years with the increase being in line with...
HMRC have announced that they will be waiving late filing and late payment penalties by one month for Self-Assessment taxpayers. This is to give them additional time to complete their 2020/21 tax return and pay any due tax if needed. However, HMRC are still...
Starting in April 2023 many second homeowners will not qualify to pay business rates rather than council tax. However, the good news is that if they can demonstrate that their properties are rented out as a self-catering holiday let for at least 70 days a year then...
England Woodland Creation Offer With a shift in regime from the Basic Payment Scheme to one targeting agri-environmental objectives, more farmers are looking to forestry as a way to generate income. The England Woodland Creation Offer (EWCO) is a scheme available...
Are you being nudged? In November 2021 HMRC began sending letters out encouraging UK domiciled individuals to pay income tax and capital gains tax (CGT) on income and gains arising from crypto-asset holdings. If you have received one of these ‘nudge’ letters you must...