Tax news
Moving your UK business or setting up a business in Dubai and the UAE
We are helping more and more individuals and businesses move to Dubai and the UAE. Amongst other benefits, Dubai and the UAE have long been an attractive tax jurisdiction, however, with the UAE being as dynamic and evolving as it is, it has introduced a number of tax...
Off-payroll working: Hauliers could face heavy fines from HMRC
New off-payroll working rules were brought in last April and it is important that haulage firms and driving agencies check that they are compliant with the new rules. What are the off-payroll working rules? The IR35 legislation was introduced in 2000 to ensure that...
Tax Rates and Allowances 2022/23
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
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
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...
Plastic Packaging Tax
HMRC are to introduce a Plastic Packaging Tax from 1 April 2022. The aim is to incentivise businesses to use more recyclables in the manufacture of plastic packaging. In turn, this will stimulate increased levels of recycling and collection of plastic waste, diverting...