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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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Tax Investigation Service

13 April 2021

Please note that the new annual Taxsense Accountants Tax Investigations Service (TIS) period begins on 1st May 2021. As a result of recent investigation activity by the tax authorities, we are personally recommending that you subscribe to membership of...

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Self Assessment Late Payment Penalties

22 February 2021

HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1‌‌ April. The payment deadline for Self Assessment is 31...

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Bounce Back Loans repayments delayed by six months

22 February 2021

The government has announced greater repayment flexibility under its Pay As You Grow scheme for businesses that took out Bounce Back Loans. Following pressure from Labour and business groups to increase coronavirus support for businesses, Chancellor Rishi Sunak has expanded the...

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