Nov 18, 2020 | Current AffairsGovernment Announcements
HMRC has confirmed that Making Tax Digital (MTD) for corporation tax will not be implemented until 2026 “at the earliest”.In a consultation document, HMRC revealed potential designs of the MTD for corporation tax system, and provided businesses with information on...
Nov 17, 2020 | Current Affairs
More support is needed for small firms as the EU transition ends, but the COVID-19 pandemic continues, according to the Federation of Small Businesses (FSB).With less than 50 days until the end of the transitional period, new figures from the Office for National...
Nov 16, 2020 | Current Affairs
Over 19,000 job placements for unemployed young people have been created so far under the UK Government’s £2 billion kickstart scheme.The landmark scheme, which gives those between the ages of 16 and 24 the opportunity to access work placements and funding across the...
Nov 13, 2020 | Current Affairs
Self-employed individuals are facing a "long-term but avoidable decline" in the sector, according to the Association of Independent Professionals and Self-Employed (IPSE). The warning comes as the Office for National Statistics (ONS) revealed that the number of...
Nov 12, 2020 | Current Affairs
Landlords could be in line for another tax blow as a new report recommends doubling the rate of capital gains tax (CGT) and cutting exemptions.The Office of Tax Simplification (OTS) has published a review of the tax, commissioned by Chancellor Rishi Sunak, which...
