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Spring Statement 2022
Spring Statement 2022

Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...

Spring Statement: R&D Tax Relief Update
Spring Statement: R&D Tax Relief Update

Reform of R&D tax relief In Spring 2021, the government announced a review of R&D reliefs with the objective of ensuring the UK remains a competitive location for cutting edge research and that the tax reliefs provided to businesses continue to be fit for...

GP contract changes criticised by the profession
GP contract changes criticised by the profession

Health leaders have been criticised by GP’s for pushing through contract changes without the backing from the profession.   What are these changes? On 1st March, NHS England published a letter highlighting changes to the 2022/23 GP contract. There are two main...

The introduction of Federal Corporate Tax in the UAE
The introduction of Federal Corporate Tax in the UAE

The UAE’s Ministry of Finance (MoF) announced on 31 January 2022, the introduction of Federal Corporate Tax (CT) effective for accounting years starting on or after 1 June 2023. The UAE’s MoF stated that the reason for introducing CT was to “reaffirm the UAE’s...

Small Charity Mergers on the Rise
Small Charity Mergers on the Rise

A recent report has found that the number of small charities merging is on the rise. The annual Good Merger Index published by Eastside Primetimers showed that between 1 May 2020 and 30 April 2021, 77 mergers took place which involved 166 charitable organisations....

What is the Postponed VAT Accounting system?
What is the Postponed VAT Accounting system?

The Postponed VAT Accounting (PIVA) system for imported goods was introduced on 1 January 2021 and allows VAT registered businesses to declare and, subject to the normal rules, reclaim import VAT on the same VAT return. This avoids VAT being paid to HMRC on import and...

Spring Statement 2022
Spring Statement 2022

Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...

Spring Statement: R&D Tax Relief Update
Spring Statement: R&D Tax Relief Update

Reform of R&D tax relief In Spring 2021, the government announced a review of R&D reliefs with the objective of ensuring the UK remains a competitive location for cutting edge research and that the tax reliefs provided to businesses continue to be fit for...

GP contract changes criticised by the profession
GP contract changes criticised by the profession

Health leaders have been criticised by GP’s for pushing through contract changes without the backing from the profession.   What are these changes? On 1st March, NHS England published a letter highlighting changes to the 2022/23 GP contract. There are two main...