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31 October deadline for paper self assessment tax returns

HMRC is reminding taxpayers to check that they have the correct information in order to complete their paper self assessment tax returns by the month end deadline. The deadline for…
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Filing deadlines: October – December 2021

1 October           Corporation tax payment for companies with 31 December 2020 year end (where payments not required by quarterly instalments) 5 October           Notify chargeability for…
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Treasury invests £500m in Plan for Jobs expansion

The Treasury announced yesterday that it was to support hundreds of thousands of people as part of a £500m expansion to the government’s Plan for Jobs scheme As part of…
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Right to request flexible working may be extended

The government plans to strengthen employment rights for employees from their first day in a new job and unpaid leave for working carers. The move to a more flexible, hybrid…
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Covid support measures come to an end

As the furlough scheme, temporary reduced VAT rates, and paused winding up scheme all come to an end, nearly seven in 10 employers expect to make redundancies within the next…
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HMRC debt and enforcement

HMRC is ramping up action against tax defaulters while the end of the winding up ban at the end of September will be a shock for some businesses protected by…
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Impact of increasing business taxes

The government should stop increasing taxes on businesses and jobs, as it risks derailing the economy’s recovery from the pandemic says the Confederation of British Industry (CBI).   In a…
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42% jump in customs duties since Brexit

UK businesses and consumers have paid 42% more in customs duties on goods since Brexit came into force on 1 January 2021, says UHY Hacker Young The jump to £2.2bn…
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End of temporary insolvency measures

Temporary measures brought in to support businesses from insolvency during the pandemic will be phased out from 1 October Companies in financial distress as a result of the pandemic have…
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Furloughed staff at lowest number since start of pandemic

The number of people on furlough has fallen to the lowest level since the start of the pandemic as the UK economy continues to recover and businesses reopen A total…
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