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 6, 2022 | Tax
The off-payroll guidance for clients, contractors, and their intermediaries is set to be reviewed by HM Revenue & Customs (HMRC). The review aims to provide a cost-benefit analysis of the effect of the rules, as these rules assess whether workers should be counted...
by Gary Woosey | Jul 26, 2022 | Tax
New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting. The changes will require people to apply for all reliefs online and pre-registration of claims irrespective of the company’s...
by Gary Woosey | Jul 5, 2022 | Tax
The eligibility criteria for the Government’s work from home tax relief was relaxed during the pandemic, as restrictions prevented many people from physically going to work. Thanks to this, if you were required to work from home for a limited period, you may have been...
by Gary Woosey | Jun 21, 2022 | Tax
With the soaring cost of living squeezing pockets, no one wants to be paying more tax than they should be. Despite this, over £20 billion of tax allowances and reliefs remain unclaimed in the UK. The key to taking advantage of this is to recognise where savings could...
by Gary Woosey | Apr 19, 2022 | Tax
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government. A loophole regarding discovery assessments and the charge was brought to light following the case of HMRC V Mr Wilkes last year. The case...
