No time to waste!
Tax return season is upon us again. By now you should have received much of the documentation needed to complete your tax return for the year ended 5 April 2021. When you have it all together, there's no need to visit the Post Office - scan, fax or even photograph your information and email it: alison@stephenasher.com ...
08 Sep 2021
HMRC Proposes Abolition of Basis Periods for Unincorporated Businesses in 2022
Draft legislation will be included in Finance Bill 2022 to abolish basis periods for businesses that pay income tax on profits calculated on a current year basis. From 2022/23 those taxpayers will have to report to HMRC the income and expenses that arise precisely in the tax year – i.e. on an ‘tax year basis’. Losses will be those arising in the tax year. MTD forces change With ...
23 Jul 2021
2021 Budget Summary
With the UK having been adversely affected by the COVID-19 pandemic, Chancellor Rishi Sunak presented the 2021 Budget against a backdrop of ongoing economic hardship. Our Budget Summary provides an overview of the key announcements arising from the Chancellor’s speech. However, it also looks beyond the headlines and offers details on the less-publicised changes that are most li ...
04 Mar 2021
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