March 2022

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

Business News

Are you making the most of super-deduction tax relief?

Businesses across the UK are already benefitting from the temporary tax relief offered by the super-deduction but many more could still be missing...

Find out more
 

Tax changes 2022-23: You ready for April 6?

With the new tax year approaching on 6 April, what are the forthcoming tax rate changes in the 2022-23 tax year.

Find out more

Cash flow statements – How to avoid errors that damage your business

A cash flow statement provides data about all cash inflows a company receives from its operations and investments. 

Find out more
 

How to make the most of cloud-based accounting software

The cloud is king in the world of accounting, with a vast range of software and applications available, designed to be easy to use by businesses and their owners.

Find out more

Avoid the pitfalls of the SEISS scheme

Thousands of taxpayers benefited from the Self-Employment Income Support Scheme (SEISS) as the pandemic raged over the last two years, before its closure last year.

Find out more
 

Company tax returns must include COVID-19 grants says HMRC

Taxpayers are being reminded that COVID-19 support grants or payments should be declared on company tax returns as they are taxable.

Find out more

HMRC focuses on backlog of work by shuttering telephone services

HM Revenue & Customs (HMRC) has announced that it is having to prioritise its essential services by temporarily closing some of its telephone hotlines, following a surge in enquiries during and since the pandemic. 

Find out more
 

Retain key staff with salary sacrifice schemes

While the national job vacancy boom is good news for job seekers, it is a potential nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome by many, it is not always the most tax-efficient approach for business owners.

Find out more

Charities Act 2022: 5 changes to Charity Law

On 24 February 2022, the Charities Bill received Royal Assent to become the Charities Act 2022. The Commission has worked extensively with charities and their representative bodies, the Department for Digital, Culture, Media...

Find out more
Check out our free download for the new 2022-23 tax rates from 6 April 2022.