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Autumn Budget 2021: Key Points
27 October, 2021
In today’s Autumn Budget, Rishi Sunak promised plans to build "a stronger economy for the British people" after the coronavirus crisis. The Chancellor cut alcohol and fuel duties and lowered the Universal Credit taper rate amid the very real threat of inflation. Below is a summary the main announcements that will affect businesses.
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Greater Manchester's Clean Air Zone
13 October, 2021
Air pollution is linked to a range of health conditions and is said to contribute to early deaths. Greater Manchester (GM) is acting now, to improve air quality on local roads for future generations by introducing the GM Clean Air Zone.
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I have heard HMRC are changing my year end. What does that mean for me?
28 September, 2021
This is not exactly true. UK Gov are considering reforming the Income tax basis period and if changed in the way that they are currently proposing, some people may be seriously affected.
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My kid's off to university; is there any way I can help?
15 September, 2021
We’re posed questions like this all the time and after offering sarcastic comments such as, “you could help them pack their bags or offer to take them to the station”, we thought about it seriously. This question raises several issues which need careful consideration and we thought we’d share our thoughts with you, in case you, or someone you know, could benefit too.
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NIC & Dividend Tax Rate increase from April 2022
8 September, 2021
From 1 April 2022, there will be a temporary 1.25% increase in Class 1 (employee) and Class 4 (self-employed) national insurance contributions (NIC) paid by workers, as well as a 1.25% increase in Class 1 secondary NIC which is paid by employers; a 2.5% increase overall!
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Update on the Fifth SEISS Grant
29 June, 2021
The online service for the fifth and final Self-Employment Income Support Scheme (SEISS) grant will be available from late July 2021. If you are eligible to claim, HMRC will contact you mid-July and will inform you of the date you can make a claim from.
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