April 2022: New Changes for Business
Since April 2019, businesses with a turnover over the £85,000 VAT threshold have been required to submit their returns using compatible software. From this April, VAT-registered businesses with a turnover below this amount will need to do the same. National Insurance...
Stark headlines but Little Substance in Spring Statement 2022
By Angela Keery, Head of Tax The Chancellor of the Exchequer delivered his Spring Statement yesterday to the backdrop of a deepening cost of living crisis. While it brought relief in the form of a reduction in fuel duty that drivers will notice at the pumps today,...
Cashflow Management Critical in the Face of Cost Crisis
By Michael Branniff, Business Services Partner Labour shortages and the rising cost of raw materials have combined to create a perfect storm in the construction and engineering sectors. With profit margins set to only tighten in the coming months, responsible...
National Minimum Wage and National Living Wage
The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 23 and over 21 to 22 18 to 20 Under 18 Apprentice April 2021 (current rate) £8.91...