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Latest articles from the Blog
Spring Statement 2022
NIC update - lovely surprise! Today the Chancellor announced some serious cuts to employee's national insurance. The rate increase of 1.25% remains in place and starts on 6 April BUT he has increased the threshold at which NI starts to be paid. Many employees are...
VAT deferral – pay by instalments
For businesses that deferred VAT payments due between 20 March and 30 June 2020 the payment is due by 31 March 2021. When HMRC set this repayment deadline no one thought that businesses would still be suffering from COVID-19 restrictions. In recognition of...
Budget 2021: COVID recovery and beyond…
A year is a long time in politics. In the Budget 2020, the Chancellor earmarked £12 billion for COVID expenditure, at this year's Budget the total spend was heading towards £407 billion. This is a huge amount of money that will take generations to repay, thankfully...