The government wants businesses to make more use of electronic invoicing to combat VAT fraud and enhance tax collection.
Author: Ammu Accounting
How Landlords Can Meet EPC Upgrade Requirements by 2030
Rental property has been set a government target to meet an energy performance certificate (EPC) rating of C by 2030.
A pre-Halloween scare? Looking ahead to the autumn Budget
Rachel Reeves’s first Budget will be on Wednesday 30 October. “I have to tell the House [the] Budget will involve taking difficult decisions to meet our fiscal rules across spending, welfare and tax.” The Chancellor’s ‘Public Spending: Inheritance’ speech to […]
The missing element in pensions change
Promised adjustments to pension law are missing a key element: increasing minimum contribution levels.
Capital gains tax: a minority sport?
Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour Party’s 2024 manifesto said, ‘We will not increase National Insurance, the basic, higher, or additional rates of Income Tax, or VAT.’ The absence of any […]
Tips and troncs – what does it mean for your business?
Since July, it has been illegal for employers to withhold tips from staff.
Can you spot a fake HMRC letter?
The latest scam highlighted by HMRC is rather ‘old school’, involving letters posted to companies instead of the more usual digital communication.
Dividend allowance cut doubles taxpayers
With the dividend allowance now cut to just £500, the number of taxpayers paying tax on dividend income for 2024/25 is expected to be double what it was three years ago.
HMRC launches VAT registration estimator
HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration.
New tax plans target private schools and social care
Chancellor Rachel Reeves has announced new tax measures impacting private schools and social care.
Caught in the 60% tax trap?
The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year.
Opening the books – the government’s spending inheritance…
The date of the next Budget has been announced, accompanied by the new Chancellor’s warning about government finances.