Making Tax Digital – are you ready for HMRC’s digital self assessments?
Despite delays, HMRC’s plans for digital self assessment tax returns are scheduled to come into force in April 2024. From this date, individuals with property or trading income which together create £10,000 turnover or more, will need to submit quarterly, digital returns to HMRC and an annual year end report. This may seem like a […]
The autumn budget: discipline & responsibility
This afternoon the Chancellor announced his autumn budget and talked about the fact that public debt is almost at 100% of GDP. He said that the need to strengthen public finances is paramount and announced two fiscal rules that will ‘bind us’ to discipline and responsibility.
Kickstart Scheme to be extended until March 2022
Chancellor Rishi Sunak used his speech at the Conservative Party Conference to announce the extension of the Kickstart Scheme, which allows businesses to provide government funded jobs to young people. The scheme is one of three jobs initiatives that Sunak said will be extended until next year. Kickstart, which funds jobs of six months for 16-24 […]
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