Tax

Second-hand motor vehicle payment scheme

The second-hand motor vehicle payment scheme was implemented on 1 May 2023 and marks a significant development in facilitating trade in the […]

HMRC launches VAT payment scheme but withdraws self-assessment and VAT registration support helplines

HMRC is introducing a new VAT payment support scheme for businesses and self-employed people which could help thousands of cash-strapped companies across […]

Four ways to navigate corporate taxes: Expert advice and guidance

Paying taxes as a UK business can be complex, whether you are a small start-up or a nationwide corporation. No matter if […]

Don’t get caught out by school fee tax avoidance schemes

Often in life, if something seems too good to be true, it is. When it comes to school fee tax avoidance schemes, […]

How the Plastic Packaging Tax works

The Plastic Packaging Tax (PPT) came into force from 1 April 2022, applying a £200 per tonne tax on new plastic packaging. […]

Certificate of tax deposits scheme set to close

HMRC is urging taxpayers to use any remaining certificates of tax deposit (CTD) before the scheme closes later this year. The scheme […]

50 years of VAT: What’s the future of “Britain’s most contentious tax”?

In the five decades since Value Added Tax (VAT) came into force on 1 April 1973, it has become the third most […]

HMRC’s new VAT penalty system: what businesses need to know

Are there any three words that inspire greater and more instant fear than ‘fixed penalty notice’?

Spring Budget “leaves SMEs to fend for themselves”

The Spring Budget is a resounding disappointment for SMEs across the East Midlands and the UK.

Chancellor aims to drag businesses out of financial freefall

Business owners watching the Autumn Statement could be forgiven for peering between their fingers, but it wasn’t anything like the horrifying, pound-plundering […]