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The Finance Act 2021 introduced a new penalty regime for VAT and income tax self-assessment (ITSA). Historically, VAT surcharges for late submission of VAT returns have…Read more
Investing and trading in cryptocurrency has become increasingly popular over the last few years but the tax treatment of any profits made through these activities is…Read more
Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review in the aftermath of previously announced significant tax increases. Here, we summarise some of the…Read more
What is an umbrella company? Umbrella companies employ temporary workers on behalf of an employment agency, dealing with accountancy, taxes and payroll. The use of umbrella…Read more
On 23 September HMRC announced that the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will be postponed by a year until April…Read more