Welsh government delivers Budget
On 20 December 2021, the Welsh government outlined a Budget to ‘build a stronger, fairer and greener Wales‘. The Welsh government unveiled a £116 million package of funding to aid with…
Blog Posts
Scottish Budget 2022
Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans. The Budget outlined the government’s spending plans, income…
HMRC waives self assessment penalties for one month to ease COVID-19 pressures
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month. The measure will give those taxpayers affected by the coronavirus (COVID-19) extra time, if…
Self assessment taxpayers must declare COVID grants on tax returns
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return. According to HMRC, more than 2.7 million customers claimed at least one Self-employment…
Omicron Variant – Support Package Announced
The Chancellor Rishi Sunak has announced details of the support package of £1bn including grants for the hard hit sectors and refunds of SSP following the latest outbreak of the…
Statutory Sick Pay – Emergency Legislation
Emergency legislation came into force on 17 December 2021 temporarily changing the rules on the medical evidence of sickness absence required for statutory sick pay (SSP) purposes. What’s changed? Normally,…
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2021. The guidance states: ‘you can use the previous rates for up to one month…
Services sector continues to recover despite rising costs
Optimism improved for firms across the services sector in the three months to November, according to the latest Service Sector Survey from the Confederation of British Industry (CBI). However, cost…
HMRC issues warning on self assessment scam
HMRC has warned taxpayers completing their 2020/21 tax returns to ‘be on their guard’ and stay vigilant in regard to tax-related scams. Nearly 800,000 tax scams were reported in the…
Government sets out tax details on TAM Day
The UK government marked the inaugural Tax Administration and Maintenance (TAM) Day with the publication of 30 papers covering a wide range of tax issues. Chancellor Rishi Sunak made the…
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