Chancellor, Rishi Sunak, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help businesses and individuals who are feeling the pressures of rising energy,...
The current tax year is coming to an end and so now is an important time to make sure you’ve taken the steps needed to make the most of any tax efficiencies. The current 2021/22 tax year began on 6th April 2021 and will end on 5th April 2022. The end of the tax year,...
Overdue reforms to business rates in England were announced in last month’s Autumn Budget 2021. Chancellor Rishi Sunak finally released the details of an eagerly-awaited report into what many consider to be a failing regime. Business rates in England are paid by...
A new health and social care tax is being introduced to boost funding for the NHS and social care, Prime Minister Boris Johnson announced. Employees and the self-employed will initially pay an extra 1.25% in National Insurance contributions (NICs) from April 2022. ...
Lorna Dias, Tax Manager at GKP, discusses enhanced capital allowances that could benefit your business. Rummaging through the cupboards to eat ANYTHING to avoid a shopping trip and the washing machine idling as loungewear becomes a weekly uniform…the pandemic has, in...
Earlier this year in the Spring edition of ProActivity following the Chanellor’s budget we covered the tax updates and changes for the year ahead. Now a few months on we take a look at the most recent news, updates and things to be aware of for your business,...
