News

Beware of exceeding your pension pot allowance

Thousands of people who put money into their pension each year are inadvertently failing to declare pension tax charges, according to HM Revenue & Customs (HMRC).

Draft legislation published for next Finance Bill

Taxation and other measures to be included in the Finance Bill for 2021-22 have now been announced. The draft legislation largely covers pre-announced policy changes

Super-deduction gives businesses confidence to grow

As the UK economy gets back to full speed and confidence grows amongst small businesses, the impact of the ‘super-deduction’ and the ‘special rate allowance (SRA)

Taxman says help available as debt collection resumes

HM Revenue & Customs (HMRC) has warned that debt collection will resume as the UK emerges from the pandemic and it will be contacting taxpayers who have fallen behind

SMEs optimistic and frustrated as economy set to thrive

With predictions that the UK economy is set to grow at its fastest pace in 80 years and could recover to its pre-pandemic size by the end of this year, SME owners are

HMRC auto-correcting 2020-21 SEISS tax returns

Where grants claimed under the self-employment income support scheme (SEISS) do not correspond with records held by HM Revenue & Customs (HMRC), it will auto-correct

Government to launch new animal welfare standards following EU departure

Government to launch new animal welfare standards following EU departure

How can I prepare to use the Customs Declaration Service?

Travelling to Europe? This is what business travellers need to know

While the Coronavirus pandemic continues to disrupt business travel around the world, there is still confusion as to how Brexit affects business travel in and around