Tax
HMRC criticised over IR35 implementation
HMRC needs to demonstrate that off-payroll working rules, commonly known as IR35, can operate effectively and fairly in the real world, according to a report by the Public Accounts Committee (PAC)….
Chancellor announces Spring Statement
Chancellor Rishi Sunak announced a 5p per litre cut in fuel duty for petrol and diesel in the 2022 Spring Statement. The government says it is the largest ever cut on all…
Chancellor delivers Budget to lay foundation for a strong economy
On 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic. The Chancellor announced that total departmental spending will grow…
November lockdown – Coronavirus Support Measures
Following the announcement by the Prime Minister on Saturday for a four week lockdown, further support measures have been announced and we will be making some changes to our office…
Summer statement
As the impact of Coronavirus continues to affect the economy, Chancellor Rishi Sunak announced a number of measures in the house of Commons on 8 July 2020 which are summarised…
Third Time’s A Charm
And boy do these gents have a lot of charm, well at least that’s what they think! Some of the braver men of Simpson Wood swapped their calculators for the…
Self-employed Class 2 National Insurance will not be scrapped
The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019. Class 2 NICs are currently paid at a rate of…
Tax-Free Childcare To Be Rolled Out From 28th April 2017
Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, will be launched from 28 April 2017. For every £8 a parent pays in, the…
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