An update on changes to accounts filing
Following extensive engagement with stakeholders, changes to accounts filings will now be implemented from 1 April 2028. The changes include: requiring small companies and micro
2026/27 Tax Rates and Allowances
The 2026/27 tax rates and allowances are available to download from the link below: IFA_TaxCard 2026-NEW-DIGITAL VERSION
Great British Summer Savings
The Government’s Great British Summer Savings. From 25/06/26 to 01/09/26 the rate of VAT will be reduced from 20% to 5% on on summer attractions
Reduced VAT on all Children’s Meals
From 25/06/2026 until 01/09/2026 VAT will be reduced from 20% to 5% on all children’s meals in restaurants and cafes. This article is published for
Good News for Hauliers and Farmers
Some good news for hauliers and farmers. The Government is granting a 12-month road tax holiday for HGV’s. To support farmers the duty on red
10p per mile increase in tax free mileage rates
Chancellor Rachel Reeves has announced in a statement to Parliament that there will be a 10p per mile increase in tax free mileage rates, backdated
Today the Chancellor announced the introduction of the Job Retention Bonus
This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously
The Chancellor has announced a new scheme to help restaurants, bars and cafés
During August, diners can get 50% off Monday to Wednesday on meals and non-alcoholic drinks, up to £10 per person, when eating at participating restaurants,
VAT cut from 20% to 5% on food, drink, accommodation and attractions
VAT has been reduced from 15 July until 12 January 2021. The UK government will cut VAT from 20% to 5% on any eat-in or
The Government has announced an increase in the Stamp Duty Land Tax (SDLT) threshold
The Government has announced an increase in the Stamp Duty Land Tax (SDLT) threshold in England and Northern Ireland, increasing the threshold under which no
As part of the Chancellor’s “Plan For Jobs” he has announced a new kickstart scheme and employment support schemes will be scaled up
A new £2 billion Kickstart Scheme will also be launched to create hundreds of thousands of new, fully subsidised jobs for young people across the
If you are entitled to claim for the SEISS grant and haven’t already done so, don’t delay!
If you are entitled to claim for the first Self-Employed Income Support Scheme grant and haven’t already done so act now. The deadline for making your