In response to the devastating events happening in Ukraine, several groups in the UK hospitality sector are refusing to serve Russian products, which mainly consists of Russian vodka.
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How would an Online Sales Tax affect your business?
The UK Government is set to assess whether to introduce an Online Sales Tax (OST) as a solution to the tax imbalance in the retail sector.
Continue readingAre you prepared for payroll changes this April?
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
Continue readingSMEs continue to feel the pressure of rising costs
The upcoming increasing costs due to the Health and Social Care Levy increase in National Insurance Contributions (NICs) and rise in minimum wage rates are set to impact small and medium sized businesses (SMEs), research has revealed.
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Can you avoid the P11D process?
Every year employers across the UK submit an end-of-year report to HM Revenue & Customs (HMRC) outlining the benefits provided to each employee and director, which were not included in their wages. This report is sent using the P11D form, which must be submitted by 6 July following the end of the tax year….
Continue readingHMRC to close helplines one day a week to clear backlog
VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic.
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Welcome news for thousands as Income Tax reporting threshold set to increase
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