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UK companies trial four-day working week with same pay

A four-day week with no loss of pay is being trialled at dozens of companies across the UK

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HMRC urges businesses to move to new customs IT platform now to continue trading

HMRC is urging businesses to move to its new customs IT platform now to continue trading

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New powers introduced as HMRC targets till fraud

HM Revenue and Customs (HMRC) officers have visited businesses across the country and arrested 3 people in a day of action after new powers were introduced in the fight against till fraud.

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Advisory fuel rate for company cars

Unbelievably there were very few changes to the HMRC advisory fuel rates from 1 March 2022, which may not have been your experience at the filling station!

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Don’t forget to claim the Employment Allowance

The Employment Allowance (EA) is a £5,000 allowance set against employers National Insurance Contributions (NICs) and has to be claimed each tax year if the employer qualifies

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Chancellor promises tax cuts for businesses

In a speech to the Confederation of British Industry (CBI) Chancellor Rishi Sunak has promised tax cuts for businesses in the Autumn Budget

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Cash Flow management is key in a turbulent economy

Cash flow and business planning in these uncertain times may appear difficult but there are some practical steps you can take

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How much is my business worth?

This is a question many of our clients want answering! The truth is it depends on a range of factors and any valuation is only useful as a guide for planning forwar

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£39m collected through confiscation notices

HMRC has confiscated assets worth almost £39m through forfeiture notices in 2021-22 which is a £35m increase from the £4.8m collected the year before

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HMRC reminds businesses to get ready to move to customs IT platform

HM Revenue and Customs (HMRC) is writing to businesses to tell them about a change to the UK’s customs systems

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Business resilience in tough times

Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in October

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New law to resolve remaining COVID-19 commercial rent debts now in place

A new law is now in place to help resolve certain remaining commercial rent debts accrued because of the pandemic

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Government pledges major increase in electric car chargers by 2030

Electric vehicle owners will have access to 300,000 public charge points by the end of the decade, the government has said.

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Treasury to regulate cryptocurrency stablecoins

The Treasury has announced that it intends to recognise stablecoins as a valid form of payment as part of wider government plans to 'make Britain a global hub for cryptoasset technology and investment'.

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New tax year ahead

Employers running payroll need to report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April)

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Hospitality VAT returns to 20%

Many in the hospitality sector were hoping that the Chancellor would extend the 12.5% reduced rate that has applied since 1 October 2021 but, as scheduled, the rate has reverted to 20% from 1 April 2022.

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Plastic Packaging Tax comes into force

The UK government will introduce the Plastic Packaging Tax (PPT) on 1 April 2022

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Less than one week to go for Making Tax Digital

Businesses have less than a week to prepare for Making Tax Digital (MTD) for VAT becoming mandatory for VAT-registered businesses on 1 April

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BCC calls for Spring Statement to tackle cost of doing business

The British Chambers of Commerce (BCC) has urged the Chancellor Rishi Sunak to take 'bold and decisive action' in his Spring Statement in order to tackle the cost of doing business crisis.

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MTD brings in £195m more tax

An estimated £195m extra tax revenue has been brought in through businesses using Making Tax Digital (MTD) for VAT reveals research from HMRC

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