New 30-day Capital Gains Tax deadline set to come into effect - 11/03/2020
The deadline for reporting and paying Capital Gains Tax (CGT) arising from the sale of a residential property is set to be shortened drastically in April.
More than 1.3 million businesses are signed up to Making Tax Digital for VAT as soft landing ends - 11/03/2020
Since the implementation of Making Tax Digital (MTD) for VAT in April 2019, more than 1.3 businesses with a turnover of £85,000 or more have been making quarterly digital returns to HM Revenue & Customs (HMRC) using compatible software.
Small and medium builders to benefit from £1 billion housebuilding boost - 11/03/2020
Housing Secretary, Robert Jerick MP, has announced £1 billion in new loans to small and medium-sized builders to help them deliver new homes, under the banner of the British Business Bank’s ENABLE Build Programme.
Don’t forget EORI registration - 11/03/2020
The UK has now formally withdrawn from the EU and has until 31 December 2020 to agree new trade arrangements.
VAT charged on the sale of a business - 11/03/2020
There are many things to consider when selling a business, but what about the payment of VAT? VAT is charged on most transactions, but it is not as straightforward when it comes to the purchase of a business.
Bank overdrafts to become more expensive for some under new changes - 11/03/2020
The UK’s major banks and building societies are set to increase the interest they charge on overdrafts as part of a major change due to come into effect from April.
Employment Allowance Changes come into effect from April - 11/03/2020
For more than half a decade the Employment Allowance (EA) has entitled employers to a maximum of £3,000 off their annual secondary Class 1 NIC bill.