Displaying 1-10 of 49 results
Growth Plan 2022: 19% CT rate and £1m AIA from April 2023
- Article
- 27 Sep 2022
Chancellor Kwasi Kwarteng confirms that the corporate tax rate increase in April 2023 will be cancelled and that the temporary £1m annual investment allowance limit will become permanent.
Growth Plan 2022: alcohol duty reform and rates freeze
- Article
- 27 Sep 2022
Government publishes response to alcohol duty consultation.
Growth Plan 2022: VAT-free shopping re-introduced to Great Britain
- Article
- 27 Sep 2022
Scheme returns allowing overseas visitors to claim back the VAT paid on purchases of goods taken home in their personal baggage.
Growth Plan 2022: investment zones
- Article
- 27 Sep 2022
The government announced that it will introduce investment zones across the UK as part of its plan for growth. Investment zones will benefit from tax incentives, planning liberalisation and wider support for the local economy.
HMRC interest rates for late and early payments following base rate increase
- Article
- 27 Sep 2022
Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC has announced increases to both interest charged on late paid tax and the rate paid on repayments of tax.
The Growth Plan 2022: Income tax rate cuts to boost growth
- Article
- 26 Sep 2022
The new government’s mini-budget cuts headline income tax rates to support its pro-growth agenda, encourage spending and incentivise entrepreneurship.
The Growth Plan 2022: Off-payroll working rules reversed from April 2023
- Article
- 26 Sep 2022
Workers providing their services via an intermediary are to regain sole responsibility for determining their employment status and paying the appropriate amount of tax and national insurance contributions under the IR35 rules.
The Growth Plan 2022: Au revoir OTS
- Article
- 26 Sep 2022
The Chancellor has announced that the Office for Tax Simplification (OTS) will be closed down, although two existing projects currently in progress will continue.
The Growth Plan 2022: Chancellor extends reliefs and incentives for business investment
- Article
- 26 Sep 2022
EIS and VCT schemes extended and scope of SEIS and CSOP schemes widened.
The Growth Plan 2022: SDLT changes in England and Northern Ireland
- Article
- 26 Sep 2022
Chancellor abolishes 2% stamp duty land tax band for residential property and increases thresholds for first-time buyer relief in a bid to boost the property market and fuel growth.
Displaying 1-10 of 49 results