2022 National Insurance Tax Increase
After much speculation, it was confirmed by Boris Johnson that National Insurance contributions (NICs) will be increased by 1.25% from April 2022. The rise will affect both employers, employers and the self-employed and will mean that those above the minimum...
Home Working Tax Relief
While many people will have started to return to the office in recent weeks, many will also continue to work from home. If this applies to your employees, then they may be eligible for working-from-home allowance. This allowance (or tax relief) can either be paid to them directly in their wage-slip
30-day Capital Gains Tax – Do you understand the rules?
With all the distractions of the pandemic, it could be easy to forget that new rules for Capital Gains Tax (CGT) on property came into effect last tax year. While many taxpayers last year benefitted from payment holidays while HMRC tried to limit the impact of the...
Crypto-Currency & Bitcoin Tax Implications
With Bitcoin and cryptocurrency featuring more prominently in the news of late, people are inevitably curious to understand more about these investments and specifically the tax consequences. One misconception is that profits are
