Many are feeling the impact of the increasing cost of living on their finances, with the inflation rate soaring to a 30 year high of 6.2 per cent in February.
Tax planning for 2022 – what you need to know
No one wants to pay more tax than they are required to and yet every year hundreds of thousands of taxpayers miss out on opportunities to reduce their tax bill.
How can your business boost its revenue?
Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate.
Huge majority back move to keep hospitality VAT at 12.5 per cent
The British public is overwhelmingly in support of the temporary 12.5 per cent rate of VAT for hospitality being retained.
Benefits of cloud accounting software far outweigh costs, study reveals
Cloud accounting software adopters are more likely to experience the benefits of Making Tax Digital (MTD) for VAT than those using only bridging software, a new study has revealed.
The Christmas gift allowance: how it works
If you are planning on treating staff this Christmas, here’s a brief guide to the tax rules for the 2021/22 financial year.
Scams: the heavy financial and health burden
According to recent research, the total amount of money it costs a fraudster’s victim to get help with their wellbeing after being scammed is £9.3 billion a year.
Government delays landlords switch to Making Tax Digital
By Neil Driver, Director at Davis Grant Landlords had originally need to prepare for HM Revenue & Customs’ (HMRC) new Making Tax Digital (MTD) for Income Tax regulations in April 2023, but this important change has now been delayed by a year.
Self-Employment Income Support Scheme: last chance to claim fifth grant
Today, 30 September 2021, is the last day self-employed workers can apply for the fifth and final Self Employment Income Support Scheme (SEISS) grant.
