Monthly Archives: March 2022

Learn how the working from home easement is coming to an end. If you are an employer whose team work from home or an employee benefiting from working from home arrangements, you need to take account of the new rules taking effect from 5 April 2022. As the Government lifts Coronavirus restrictions, working from home […]

Learn about the taxation implications of trading in cryptocurrencies We have seen a steady increase over the last few years of clients trading in cryptocurrencies and many have put their head in the sand when it comes to declaring these activities to H.M. Revenue & Customs. This is a dangerous game to play, so this […]

Fuel Duty cut Cutting fuel duty on petrol and diesel by 5p per litre for 12 months. The cut takes effect from 6pm on 23rd March 2022. Employment Allowance increase The Employment Allowance is a relief which allows eligible businesses to reduce their employer National Insurance contributions (NICs) bills each year. From April 2022 the […]

Learn about likely changes to the information included in small company accounts which are filed at Companies House Learn how the Government is planning to ramp up the information that has to be included in a small company’s accounts filed on public record. I think we all agree that under the current regime where we […]

What is the aim? To bring the LPP regime in line for both VAT and income tax. When will the new penalty regime start? For VAT – From 1st January 2023. From an income tax perspective, for those self-employed and property landlords who will be caught by Making Tax Digital for Income Tax Self-Assessment (MTD […]

Learn about the changes in taxation that will impact on your dividend income. With tax hikes around the corner, learn how to plan your dividend strategy in order to maximise the income in your pocket. The rules for taxation on dividends currently are as follows: – – Each individual is entitled to a £2,000 a […]