May 5, 2022 | Government Announcements
People who applied for the self-employment support scheme (SEISS) grants may need to repay some of the funds to HMRC due to overpayments. As of April 2022, HMRC is writing to taxpayers whose entitlement to the grant has reduced by more than £100, asking them to repay...
Apr 5, 2022 | Government Announcements
A new rent arbitration service is now available for businesses to resolve their outstanding debts from the COVID-19 pandemic. The statutory process applies in England and Wales as of 25 March 2022, and aims to resolve disputes between commercial landlords and tenants...
Mar 31, 2022 | Business TaxGovernment Announcements
Small businesses are being prepared for a variety of changes which will come into effect as of 1 April 2022. Major changes are coming to the way businesses record and report tax with the switchover to Making Tax Digital. Since April 2019, businesses with a turnover...
Mar 30, 2022 | Government Announcements
Chancellor Rishi Sunak has confirmed to the Treasury select committee that the pensions triple lock will apply as normal in 2023/24. This would mean an increase of around 7.4% based on the expected level of CPI for this September. Work and Pensions Secretary Thérèse...
Mar 28, 2022 | Government Announcements
The Government has cut fuel duty for the next twelve months in a bid to ease the rising cost of fuel. The reduction, announced by Chancellor Rishi Sunak in the Spring Statement, has lowered the cost of both petrol and diesel by 5p per litre. The Treasury stated that...
