We’d like to give you a short summary of the budget highlight key areas of interest. For more in-depth analysis of the Spring budget full and guidance from out tax expert Wendy McBride visit our Spring 2021 Budget Update BUDGET […]
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Spring 2021 Budget Update
Following on from the UK Government’s Spring Budget on 3 March we have summarised the information you need. We’ve listed the budget highlights below and added further details on personal and business taxation plus additional business and funding support that […]
Ammu’s overview of the Spring Budget
Introduction On some counts this Budget was Rishi Sunak’s 15th major announcement since his first Budget, just under a year ago. During this period, the pandemic has dominated the Chancellor’s actions and this was true of his latest Budget. To […]
Northern Ireland border discussions
The news last week was dominated by the Northern Ireland (NI) border discussions. A meeting of the EU-UK body overseeing the NI Brexit arrangements and aimed at resolving issues with the Irish sea border has had mixed reactions amongst NI […]
HMRC temporarily waives 5% late penalty fee
HMRC is giving more time to pay or to set up a payment plan for Self-Assessment because of the impact of COVID-19. Consequently, Self-assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set […]
Cycle to work scheme
The Cycle to Work Scheme is a salary sacrifice scheme that’s part of the UK Government plan to improve the environment, cut road congestion and improve the health of the nation. However, employees and employers who signed up for the […]
VAT reverse charge from March
The VAT domestic reverse charge will finally apply to most supplies of building and construction services from 1 March 2021. The rules, whose implementation has been postponed twice, cover standard and reduced rate VAT supplies between VAT-registered sub-contractors and contractors […]
Taxing wealth – a viable option?
As we look ahead to the Budget on March 3 – a full update will be published on ammu.uk shortly after the Chancellor’s statement – it is worth looking at some of the issues that may well be under consideration. […]
Some financial lessons from the last year
The last year has been a traumatic one in which much has changed, perhaps never to revert to the old ‘normal’. It has also provided some useful financial lessons. Make sure you have an up-to-date will – Early on in […]
So what are ammu’s business predictions for 2021?
SO WHAT ARE OUR BUSINESS PREDICTIONS FOR 2021? We have to admit that last year we did not predict the Pandemic and the devastation we have endured. We did predict Brexit disruption, and this looks like it will be the […]
WHAT IS THE KICKSTART SCHEME AND HOW CAN EMPLOYERS APPLY?
The Department of Work and Pensions (DWP) Kickstart Scheme portal is open and available for employers to apply. The Scheme is designed to support young people aged between 16-24 who are currently on Universal Credit and at risk of long-term […]
What you need to know about the Coronavirus Job Retention Scheme
Your employees are the backbone of your business and the Government’s Job Retention scheme launched to support businesses during the Coronavirus is welcomed by furloughed employees and employers. For many, the grant application process is an added layer of stress during a very difficult time in your personal and business life. We can help. At…Read More