Introduction: Rishi Sunak has announced a “super-deduction” for investment in new plant, machinery and equipment (PME). Essentially, this is an enhanced form of capital allowances. For expenditure incurred from 1 April 2021 until the end of March 2023, companies can...
Introduction: The government are reforming sanctions for late submission and late payment. The changes will initially apply to VAT and Income Tax Self-Assessment (ITSA). The late submission penalties will apply to those who fail to meet their obligations to provide...
If you work within the construction industry, there are a number of online resources available to ensure that you are up to date with everything which you need to know. This includes a free course which will update you on things such as: Support available during...
What is the kickstart scheme and how does it work? The Kickstart Scheme provides funding to create new job placements for 16 to 24 year olds who are on Universal Credit and at risk of long term unemployment. Employers of all sizes (including start-ups) are able to...
As public awareness of the damages caused by motor vehicle pollution increases, a growing number of the population are looking to switch to electric, or hybrid, vehicles. Even for those who are not particularly environmentally conscious, switching to an electric...
The UK officially leaving the EU has resulted in a number of new customs and tax rule changes when trading with the EU. As such, from 15 March 2021, smaller businesses are able to apply for grants of up to £2,000 to help them with the adaption process. This comes as...
