On 17 March, Chancellor Rishi Sunak unveiled a £330 billion package of support for the UK economy as it combats the COVID 19 pandemic. The measures dwarf the £12 billion made available in the 2020 Budget. The package includes an…
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The government has confirmed that reforms to off-payroll working rules for the private sector will be implemented from April 6th 2020. The off-payroll rules have applied to the public since 2017 and the government has carried out a review of…
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The UK left the EU on 31st January 2020 and is now in the transition period. The UK and European Union leaders signed the Withdrawal Agreement during January 2020 and the UK is now in the period known as transition/…
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The government has announced a 6.2% increase, the largest increase since the National Living Wage was introduced two decades ago. The government has confirmed that a 6.2% increase in the National Living Wage will start on 1st April 2020. The…
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Former BBC presenter, Christa Ackroyd has lost her appeal over £420,000 tax bill against a ruling that she was an employee of the BBC and not a freelance contractor. Christa Ackroyd presented Look North in Yorkshire between 2001 and 2013….
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HMRC has announced that there will be a delay of one year, to the introduction of the VAT domestic reverse charge for construction and building services which is apart of there clamp-down on fraud in these sectors. Large amounts of…
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On August 13th, the Financial Conduct Authority (FCA) has agreed a plan that gives the e-commerce and the payments industry more time to implement Strong Customer Authentication (SCA). Strong Customer Authentication started on 14th September, which impacts the way in…
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We know that it’s important to regularly have your compressed air system serviced, but what actually happens during a servicing? The main purpose of a service is to ensure that the compressed air system has a long operating life and…
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The government has recently published draft legislation for the next Finance Bill including draft clauses on the changes to Private Residence Relief (PRR). Private Residence Relief is a relief that enables taxpayers to sell their homes without having to pay…
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Recently, the Department for International Trade has launched an online tool for international investors. When wishing to set up or expand operations in the UK, international investors now have the help from the ‘UK Investment Support Directory’. What is it?…
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In October 2015, HMRC and animal welfare groups raised the problems involving puppy exploitation on the black market. They raised awareness on the matter that tens of thousands of puppies were being reared in unregulated conditions and sold illegally, every…
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As you work your way through life, you try to save money for the days of retirement – this is called a pension. You may have many jobs during your lifetime, this makes a pension pot a lot harder to…
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