Dec 22, 2021 | Government Announcements
Hospitality and leisure businesses in England that are being hit by a spike in COVID-19 cases will be eligible for a new £1 billion support package. Eligible businesses will be entitled to one-off grants of up to £6,000, while local authorities will get over £100...
Dec 10, 2021 | Government Announcements
The rates of income tax in Scotland will remain frozen for the 2022/23 tax year. The measure was annouced by Financial Secretary Kate Forbes, who delivered her Scottish Budget to Holyrood on 9 December 2021. The higher and top rates will remain frozen at their current...
Dec 3, 2021 | Government Announcements
The Treasury has dismissed recommendations from the Office of Tax Simplification (OTS) to align capital gains tax with income tax, instead accepting a handful of technical changes to the tax. Lucy Frazer, financial secretary to the Treasury, said changes to the rate...
Nov 26, 2021 | Government Announcements
New advisory fuel rates coming into play next week for employees' usage of company cars, following the latest quarterly update. From 1 December 2021, the following advisory fuel rates are in place for petrol and LPG-fuelled company cars. Engine size Petrol (per mile)...
Nov 24, 2021 | Government Announcements
Buy-to-let landlords and second homeowners have twice the amount of time to report and pay capital gains tax after selling a residential property in the UK. The deadline to report and pay capital gains tax after completing the sale of additional UK residential...
