March 14, 2017
National Insurance Contributions (NICs)
The Chancellor announced changes to NICs. He stood by the plan of his predecessor, George Osborne, to abolish Class 2 National Insurance from April 2018. But once this happens, Class...
Spring Budget 2017 – Increase in Personal Allowance & Basic Rate band
It has been confirmed in the Spring 2017 Budget that there will be an increase in both the personal allowance for individuals and the basic rate tax limit. In line...
September 8, 2016
Making Tax Digital Consultations Special Edition
Making Tax Digital Face-to-face events, webinars and feedback during the consultation period Overview Making Tax Digital (MTD) is at the heart of our plans to make HMRC one of the...
April 8, 2016
Recent changes in the tax year 2016-2017 (from 06 April 2016)
* Recent changes in the tax rules that could affect individuals, directors and shareholders of SMEs. Please note this is not a comprehensive document that includes all the changes that...
February 25, 2015
Large accountancy firm launches assurance scholarship with three universities
EY will provide work experience and up to £40,000 in financial support to students while they study for a degree in accounting, as part of a new assurance programme it...
January 28, 2015
Nick Clegg announces that Lib Dems plan to tax wealthy
The liberal democrat’s leader Nick Clegg has confirmed that if his party were to win this coming general election in May 2015 then they will raise taxes on the highest...
January 20, 2015
F1 Champion Hamilton angered by tax exile claims
BBC Sports Personality of the Year winner has hit back at allegations that he is hypocritical for celebrating being British yet is based abroad for tax purposes. Reigning formula One...
London: The Black Cab Driver fight against Uber continues
Taxi drivers have called on the government to address "unfair" tax practices used by mini-cab provider Uber, and threatened to put in place similar arrangements unless action is taken. Uber...
January 2, 2015
HMRC: Corporation Tax Yield Up 25%
The amount of Corporation Tax HM Revenue & Customs collects from UK companies has risen 25% to £4bn, a sharp rise of £800 Million from the previous year. In increase...