The Plastic Packaging Tax (PPT) came into effect in April this year, requiring businesses that manufacture or import plastic packaging to comply with PPT regulations.
There are new reporting requirements for Trusts to register with HMRC’s Trust Registration Service (TRS). All trusts, taxable or non-taxable (with the exemption of a few types of Trust) must…
Tax-Free Childcare is a Government scheme that looks to support families with the cost of childcare. Eligible families can save up to £2,000 a year per child (or up to…
Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) is due to come into effect in April 2024. Originally planned for 2023, the date was put back a year…
The cryptocurrency crash has been making headlines lately, with journalists calling it the end of crypto. However, as we’ve seen time and time again, following a crash there is usually…
Last month, half a trillion US$ worth of crypto currency vanished, seemingly overnight. So has the sun set on crypto assets once and for all? Unlikely. Investors are feeling the…
April saw a 1.25% rise in the National Insurance rate, increasing from 12% to 13.25% for employees. This couldn’t have come at a worse time, with the 54% energy price…
The Government recently ran a consultation on the proposal to introduce an Online Sales Tax (OST). This ran until the end of May and has now closed whilst the Government…
A recent report published by the Public Accounts Committee (PAC) suggests the IR35 reform has been quite the disaster – no surprise there – but one of its most shocking…
As part of the government’s initiative to help ease the financial consequences of the cost-of-living crisis, the proposed £200 energy bill rebate (which households were required to pay back within…