by Gary Woosey | Oct 11, 2022 | Tax
When running a business, ensuring you get VAT right is vital. So, how can you make things easier? Designed to streamline record-keeping, the VAT Flat Rate Scheme allows you to pay or claim back a simplified fixed rate of VAT to HMRC. This typically allows you to keep...
by Gary Woosey | Oct 4, 2022 | Uncategorized
Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested. The pound plunged to a record low against the dollar after the Chancellor, Kwasi Kwarteng revealed a wide range of tax...
by Gary Woosey | Sep 27, 2022 | Tax
Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week. The Government says the move to scrap the rise will save £18.7 billion per year by 2026 as it...
by Gary Woosey | Sep 23, 2022 | Tax
With a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House of Commons to signal a “new era” for fiscal policy. It turned out to be a striking change of...
by Gary Woosey | Sep 20, 2022 | Uncategorized
A ‘fiscal event’ is to be delivered on Friday, setting out what help is to be made available to get people through the winter and the cost-of-living crisis. It operates differently from the full Budget and Chancellor Kwasi Kwarteng is to spell out some of the details...
