Budget Newsletter 2021

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01/01/2017
Changes to the VAT flat rate scheme
In a surprise announcement in the 2016 Autumn Statement, the Chancellor announced that changes are to be made to the existing Read More...
 
Abolition of Class 2 NICs
Originally announced at Budget 2016, the 2016 Autumn Statement confirmed that Class 2 National Insurance Contributions (NICs) will be abolished from April 2018, hopefully achieving the desired effect of simplifying Read More...
 
Company cars: ultra-low emissions vehicles
At Budget 2016, the government said it would consult over the summer on changes to the ultra-low emission vehicles (ULEV) bands for taxing company cars to Read More...
 
Disguised remuneration and the self-employed
Following the announcement in the Autumn Statement, HMRC have published the details of a measure designed to tackle the future use of avoidance schemes currently being Read More...
 
January questions and answers
Q. I am thinking of renting out a small outbuilding that I own to a friend so that he can store his work equipment in it when he's not using it. The rent is likely to be less than Read More...
 
January key tax dates
1 - Due date for payment of Corporation Tax for the year ended 31 March 2016 Read More...
 
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