Rishi Sunak delivered his budget today, with one or two big surprises. Many expected the covid support schemes to continue, as well as an extension to the cut in Stamp Duty Land Tax and the reduced rate of VAT. Although an increase in corporation tax was on the cards, a rise to 25% was unexpected. More details to follow, but the main points affecting taxpayers are...
HMRC have been encouraging healthcare workers to make claims for uniform expenses. The process is relatively simple. This is a short guide on how healthcare workers can go about this.
Usually accountancy fees are tax deductible. This article looks at the few exceptions.
If you are planning to entertain any clients (existing or potential), remember that the costs will be not be an allowable expense in calculating your taxable profits.
Are you thinking of throwing a party for your staff? Whether you are planning a one off party or a regular annual event, please read on for advice on avoiding an extra tax charge.
Employees may agree to give up a proportion of salary to help an employer in difficult circumstances.