Tax incentives that small businesses need to know about Every business owner knows just how exciting starting a business or scaling up can be, but that’s not to say it…
Tax Rates and Allowances for Small Businesses – 2019/20 Here are the main small business tax rates and allowances for the tax year of 2019/20. Corporation Tax You have to…
Scottish Budget 2018 Income Tax Changes Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget on Wednesday 12 December 2018 setting out the Scottish government's financial and tax plans.…
Scottish Budget 2018 Property Tax Changes In the 2019/20 Scottish Draft Budget, Derek Mackay announced changes to Scottish Land and Buildings Transaction Tax (LBTT) which are considered below. The government's…
HMRC Reminder To Employees To Claim Their Tax Deductible Expenses HMRC is reminding employees that they may be able to claim a tax rebate on their work related expenses. HMRC…
Self Assessment Deadline Approaching The deadline for submitting your 2017/18 self assessment return is 31 January 2019. The deadline applies to taxpayers who need to complete a tax return and…
The Scottish Budget Key Announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government's tax and financial plans. Key announcements…
Leaving The EU With No Deal The government has published a collection of documents in preparation for the scenario of the UK leaving the EU without a Withdrawal Agreement a…
November NewsletterETL UK's November Newsletter is now available. This months edition includes information implementing Making Tax Digital for VAT, which comes into effect in April 2019. We will also discuss how…
Capital Allowances Changes A number of changes to capital allowances were announced at the Budget, including an increase in the Annual Investment Allowance (AIA), for two years to £1 million,…
Making Tax Digital For VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements…
New Guidance For Employers down: File Your Tax Return HMRC has issued the October 2018 Employer Bulletin which contains a number of articles relevant to employers on payroll related issues.The…