Tax Tips & News

The latest tax tips and news affecting our clients, plus access to our complete archive of tax tips and news.

Health & Social Care Levy: 1.25% Tax Increase to Cover Social Care Costs

Health & Social Care Levy: 1.25% Tax Increase to Cover Social Care Costs

Published on 11/09/2021

1.25% tax increase to cover social care costs has been announced for all taxpayers under…

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Tax-Free Childcare Scheme: Who Qualifies & How Does It Work

Tax-Free Childcare Scheme: Who Qualifies & How Does It Work

Published on 04/09/2021

HMRC has issued a reminder to families that are eligible for tax-free childcare that they can use the scheme to help with their childcare costs.

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MTD for ITSA FAQs: Your Questions Answered

MTD for ITSA FAQs

Published on 28/08/2021

MTD for Income Tax is a service that enables businesses and landlords to keep their records digitally and submit information about their business income to HMRC using MTD-compatible software.

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Residential Property Developers Tax (RPDT) - April 2022

Residential Property Developers Tax (RPDT) – April 2022

Published on 21/08/2021

The government has given less than a year’s notice of a new tax it proposes to levy on profits made from residential property development from 1 April 2022.

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MTD ITSA: Making Tax Digital for Income Tax Starts in April 2023

MTD ITSA: Making Tax Digital for Income Tax Starts in April 2024

Published on 14/08/2021

MTD for income tax will be effective from 6 April 2024 for all sole traders, landlords etc. irrespective of when their current accounting period ends with MTD for general partnerships postponed to 2025.

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Import One Stop Shop (IOSS): Simplify Declaring & Paying Import VAT

Import One Stop Shop (IOSS): Simplify Declaring & Paying Import VAT

Published on 07/08/2021

This week we’re answering questions about the Import One Stop Shop (IOSS), an e-commerce system recently introduced by the EU to simplify the payment of VAT.

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