Government launches £10 million Brexit Readiness Fund

The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline.

Read more...


Government to allocate trading numbers to more than 88,000 UK firms ahead of Brexit

Ahead of a potential no-deal Brexit, the Government has announced that it will start automatically enrolling UK firms in the customs system.

Read more...


Half of UK SMEs are struggling with cash flow

According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit.

Read more...


Burgeoning costs of employment forcing small businesses to cut back on investment

The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed.

Read more...


Government’s draft IR35 legislation contains important changes

After much anticipation, the Government has now published its draft legislation for the off-payroll working (IR35) rules, which will be enforced in the private sector from 6 April 2020. The latest policy document for the private sector shares a number

Read more...


Construction businesses only have weeks left to prepare for the VAT reverse charge

Businesses in the construction industry now have only a matter of weeks left to prepare for the new VAT domestic reverse charge regime. These new rules will be enforced from 1 October 2019, significantly changing the VAT affairs and tax

Read more...


HMRC outlines changes to Capital Gains Tax treatment on second homes

From April 2020, the date at which Capital Gains Tax (CGT) must be paid on a second home property disposal is changing. After this date, taxpayers will only have 30 days to file their return and make an advance payment

Read more...


Summer childcare costs cooldown with Tax-Free Childcare

The Government wants to remind working parents that they could be entitled to up £2,000 per child per year to help with the costs of childcare, including regulated holiday clubs during the school holidays. The six weeks summer holiday can

Read more...


Employment Allowance to be restricted from next year

At the moment businesses and charities of all sizes can benefit from Employment Allowance. However, from the start of the new tax year in April 2020, the allowance will only be available to employers with a secondary National Insurance Contributions

Read more...


Principal Private Residence Relief and Lettings Relief changes due in April 2020

The start of the next tax year in April 2020 will see key changes come into effect in respect of Principal Private Residence Relief (PPR) and Lettings Relief, both of which can be used to soften the impact of Capital

Read more...