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

Posted on June 15, 2021 | Tax | VAT
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, …