Nearly a quarter of UK businesses report that late payments threaten their survival. The Federation of Small Businesses reports that the problem goes beyond just paying late.
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Annual Investment Allowance
Making Tax Digital (MTD) brings mandatory change to the way the public communicates with HMRC.
It’s been an eventful year for Enterprise Management Incentives (EMI). EMI made headlines in April, when HMRC revealed problems obtaining continued EU state aid approval.
Capital Allowances are a tax relief on the acquisition of certain fixed assets. The relief has the effect of reducing the cost of those assets.
There are new tough penalties on the horizon for UK taxpayers who haven’t told HMRC about foreign income or gains on which UK tax may be due.