Changes to VAT penalties and interest charges

15 September 2022

You may be aware that the VAT default surcharge was due to be replaced by new late submission and payment interest charges from April 2022. However, the introduction of this new system was deferred to January 2023. HMRC have...

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SEISS: Bills for overpaid grants hit taxpayers

29 April 2022

SEISS: Bills for overpaid grants hit taxpayers   HMRC is issuing assessments to taxpayers who have received more self-employed income support scheme (SEISS) grant than they were entitled to, and those bills must be paid or appealed within 30...

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The National Minimum Wage

09 March 2022

Please be aware as per the recent HMRC announcements the National Minimum Wage and National Living Wage rates will increase on 1 April. Please ensure you familiarise yourself with the following: 1. Find out the new rates of pay...

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How does the budget affect your business?

03 November 2021

Businesses: Business rates– the current system is to be retained but with some key reforms (from 1 April 2023) including increasing the frequency of revaluations to 3 years and introducing new reliefs for investment in property improvements and green technology....

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