Category: Tax
Making Tax Digital for Income Tax Self Assessment delayed for a year
Posted on October 11, 2021 | Company News | Self Employment | Tax
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (MTD for ITSA) for a year, HMRC recently announced.
The …
NIC reliefs set for Freeports
Posted on June 15, 2021 | Economy | Legislation Changes | Tax
Freeport operators will be able to take advantage of a zero rate of secondary national insurance contributions (NICs) for employees, the government has announced.
The National …
HMRC’s VAT Deferral New Payment Scheme to close this month
Businesses that deferred VAT payments last year have less than a month left to join online and pay in monthly instalments under the VAT Deferral …
Veterans tax relief a “win-win for businesses and veterans”
Posted on June 4, 2021 | Company News | Employment | Tax
Employers hiring military veterans can, from now qualify for relief on national insurance contributions (NICs) for the first 12 months of employment.
Speaking to the Telegraph, …