The deadline for completing your self-assessment tax return for 2020/21 online is January 31, 2022....
Reasonable justifications for late tax returns
The deadline for submitting 2020/21 self-assessment tax returns was October 31, 2021 for paper returns...
New Recovery Loan Scheme launches in April
With the Coronavirus Business Interruption Loan Scheme and Bounce Back Loans now closed, eligible UK...
The new rules for trade loss relief explained
The Government announced a temporary extension of the provisions for trade loss recovery for both...
National Insurance and dividend tax rises announced for social care reform
Prime Minister Boris Johnson has suggested a variety of tax hikes for UK taxpayers. The...
Autumn Budget 2021 Summary and Highlights
On Wednesday, October 27th, Rishi Sunak presented his third Budget to Parliament as Chancellor of...
Capital Gains tax deadline extended to 60 days
The Chancellor announced several adjustments to the Capital Gains Tax reporting regulations in his Budget...
Sole trader vs limited company – Which is better?
Choosing a legal structure is one of the most important decisions a new business owner...
New Rules And The Welsh Budget
There have been a number of recent announcements from the Welsh Government which have had...
Directors’ Loan Accounts Explained
Taking money from the business for personal use when trading as a sole trade or...