Spring Budget: updates to business taxes

Spring Budget: updates to business taxes

Last week, Chancellor of the Exchequer, Jeremy Hunt, revealed his Spring Budget to MPs in the House of Commons, laying out the government’s plans for economic growth. In this week’s Tax Tuesday, we provide an insight to the upcoming changes to business taxes as...
Spring Budget 2023

Spring Budget 2023

Download our Spring Budget Summary Report here Today, Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. The...
Check your NI record for gaps before 31 July 2023

Check your NI record for gaps before 31 July 2023

If you are planning to claim the UK state pension, you should make sure to check your national insurance (NI) record before 31 July 2023. Your NI record consists of your NI contributions and credits, which in turn will affect your state pension entitlement (along with...
HMRC phishing scam letters: how to stay vigilant

HMRC phishing scam letters: how to stay vigilant

In 2023, we’re no longer strangers to phishing scams and the damage they can cause. In the digital age, we’re all too familiar with receiving scam emails, texts, and phone calls on a regular basis. However, there are currently a number of scam letters circulating,...
A guide to HMRC’s new VAT penalty system

A guide to HMRC’s new VAT penalty system

You’re probably already aware that from the 1st of January 2023, HMRC introduced a new VAT penalty system for the late filing of VAT returns, as well as for the late payment of VAT bills. The new VAT returns system is points-based, and the penalties for late bill...
8 creative industry tax reliefs that you should know about

8 creative industry tax reliefs that you should know about

The creative industry is arguably one of the most valuable sectors for the enrichment of UK culture. In fact, before the COVID-19 pandemic it was one of the fastest-growing sectors in the UK economy. While the nation attempts to recover economically, we’re beginning...