Several tax and other changes (including freezes) will take effect from 6 April 2022. Most of these date back to the two Budgets of 2021. There are further important changes coming down the line.
news
Whatever happened to the wealth tax?
A new wealth tax to counter the cost of the Covid-19 pandemic was the talk of the financial pages not so long ago. Now it has disappeared… or has it? By the end of 2020, as the huge cost of […]
Protecting the normal minimum pension age
The normal minimum pension age (NMPA) will increase from 55 to 57 on 6 April 2028, although a protected pension age regime will be introduced. This will allow those who meet the rules to take benefits based on their existing […]
Taxpayer Protection Taskforce to tackle Covid-19 fraud
A recent report by the public accounts committee estimates that the level of fraud and error across all Covid-19 support schemes could be as high as £20 billion. However, don’t assume mistakes and errors will not be picked up – […]
Scope of R&D Tax Credit Scheme extended
We are pleased to hear that the scope of the R&D Tax credit scheme is being extended, while at the same time HMRC is taking positive steps to tighten up the claims process. R&D Tax credits Scheme were highlighted in the […]
Spring Statement – March 2022
The Spring Statement was not meant to be a March mini-Budget, despite what many headlines in the days before suggested. Mr Sunak believes in the once-a-year approach to major tax and spending changes, unlike some of his predecessors. However, in […]
We are recruiting for a graduate accountant
Join our growing team As a graduate accountant you will be supporting the Management Accounting department and the R&D Tax Credit department. You will learn essential business and professional skills in a fast-paced environment. A full induction and training programme […]
We are exhibiting at MACH 2022
As the world is opening up and live events are going ahead we’re thrilled to announce we are heading to Birmingham NEC, in April, to exhibit at MACH 2022. MACH 2022 is the UK’s biggest event for inspiring, innovating, and […]
ammu is proud to partner with BWS
Ammu is thrilled to announce we are partnering with Business Women Scotland – a membership platform providing business advice to women. BWS is one of the largest membership networks to provide expert advice to women. BWS was founded by […]
Business rates loophole on second homes closing
Owners of holiday lets and second homes in England have been able to avoid council tax by registering their properties as businesses. However, from April 2023, small business rates relief will only be available if a property is let out […]
The patchwork effect of rising inflation
2021 ended with inflation sitting at 5.4%, but it may not have felt like that to you. Source: Office for National Statistics. You may have caught the food campaigner Jack Monroe on TV and radio interviews recently highlighting how the […]
Keeping it in the family – tax-saving salary strategies
An easy way to reduce a business’s tax bill – and also increase the amount of funds withdrawn from the business – is to put a family member on the payroll. Of course, the salary must be for genuine work, […]
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