News

News

This category aims to provide readers the most up-to-date news articles on UK taxation and accounting.

If you have any concerns or further questions that are not covered so far by the given articles, feel free to send us a message or book an appointment with our experts to discuss your concern. It’s an honor to help and guide you on this matter.

What Did the Spring Budget Bring?
Fahad Lateef

What Did the Spring Budget Bring?

The UK’s Chancellor Rishi Sunak conveyed a Budget that is expected to be financially focused after the economic unrest brought about by the pandemic, too hopeful in setting out additional public spending to help the post-COVID economy.

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Predicting Autumn Budget 2021
Fahad Lateef

Predicting Autumn Budget 2021

Chancellor Rishi Sunak will convey his next Budget and Spending Review to the House of Commons on Wednesday, 27 October 2021. With issues, for example, Income, National Insurance, and Capital Gains Tax set to be fervently discussed in the Commons – close by the numerous business taxes and Covid-19 installment plans – firms in all areas will watch out for advancements.

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Tax Reform
Fahad Lateef

Get Ready for Possible “Tax Reforms”

As the chief of national finance, Chancellor of the Exchequer, Rishi Sunak, is supposedly considering a broad scope of changes to raise funds for the Treasury in the recuperation period of the pandemic.

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Self-Employment Income Support Scheme
Fahad Lateef

Self-Employment Income Support Scheme

The Self-Employment Income Support Scheme was initially introduced on March 26, 2020, and gave an underlying grant to independently employed people whose organizations were unfavorably influenced by the pandemic.

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 VAT on Electric Car Chargers
Fahad Lateef

HMRC’s VAT on Electric Car Chargers

Her Majesty’s Revenue and Customs (HMRC) has confirmed that the VAT on open electric vehicle (EV) charging will remain at 20% after demands for clearness from organizations around decreased rates.

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Fahad Lateef

Property Sales Hit New Records

The Chancellor of the Exchequer, Rishi Sunak, temporarily lifted stamp duty tax on the initial £500,000 of property buys in July of last year, and in March, he extended the exception by a further three months to the furthest limit of June.

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Tax Raid on Pensions
Fahad Lateef

Tax Raid on Pensions A Way Out of COVID-19?

A triplet of changes to pension contributions are being drawn up, including lessening the pensions lifetime allowance from just over £1m to around £800,000. Bringing down this limit has a significant impact, as pension savings are heavily taxed above this allowance

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What Did the Spring Budget Bring?

What Did the Spring Budget Bring?

The UK’s Chancellor Rishi Sunak conveyed a Budget that is expected to be financially focused after the economic unrest brought about by the pandemic, too hopeful in setting out additional public spending to help the post-COVID economy.

Read More »

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