The Government is in discussion with 38 local authority areas in England to set up ‘Investment Zones’ in specific sites within their area…

The much criticised “off-payroll” working rules were introduced for the public sector from 6 April 2017 and then extended to large and medium-sized private-sector organisations from 6 April 2021…

Your summary on the Monthly events that affect you and your Business

Many director/shareholders of family companies pay themselves a small salary and take the rest of their “pay” in dividends…

In the March 2021 Budget, Rishi Sunak announced that the rate of corporation tax would increase to 25% from 1 April 2023 where a company’s profits exceeded £250,000 a year, with the current 19% rate continuing to apply where profits were no more than £50,000 a year…

The previous Chancellor, Rishi Sunak, had dangled a possible cut in the basic rate of income tax from 20% to 19% from 2024/25. This will now be brought forward by one year to 2023/24 and will apply to non-dividend income. …

HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021.

There are numerous tax incentives to encourage businesses to locate in Freeport Areas:-

Help to Grow: Digital is a new UK-wide scheme to help small and medium size businesses (SMEs) adopt digital technologies that are proven to increase productivity.

Following on from the Chancellor’s announcement in his Autumn Budget the government are consulting on a number of future changes to R&D tax relief.