Latest News
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VAT penalty overhaul confirmed for 2022
The 2021 Budget confirmed that the government is pressing ahead with a change to the way penalties for VAT returns filed late will be charged. What’s happening?
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Enterprise management incentive: government asks for responses
The enterprise management incentive (EMI) is a government-approved employee share scheme that is used to retain and motivate key employees. The government is seeking responses to a call for evidence about its future - what's going on?
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New government-backed loan scheme launched
The Recovery Loan Scheme (RLS) announced in this year’s Spring Budget opened for business on 6 April. What does it offer, who’s eligible and how can a business apply?
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New tax year brings key changes
As usual, the new tax year heralded minor changes to tax and NI rates. However, 2021/22 has also brought with it a number of other significant changes for employers and businesses. What are the most important of these?
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Trust registration deadline extended
HMRC has been forced to extend the deadline of 10 March 2022 for non-taxable trusts to be registered using the Trust Registration Service. What's going on?
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CGT 30-day payment loophole
An overlooked exception to the rule means that not everyone needs to report and pay capital gains tax (CGT) on UK residential property within 30 days. What is the story?
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