Please find a link to our Spring Statement 2022 summary below that contains details of Wednesday’s announcements made by the Chancellor, Rishi Sunak. I hope you find the information useful. I would like to draw your attention to page 3 and the section on ‘Making Tax...
The Government recently announced that, as a result of the impact of the pandemic on employee absences from work, employers are able to claim back Statutory Sick Pay (‘SSP’) paid to employees for absences due to COVID-19. The Coronavirus Statutory Sick Pay Rebate...
Further to our previous blog week regarding the Government’s announcement of business support to tackle the difficulties caused by the Omicron variant, the fund for businesses with turnover below £85,000 has now been delayed to 13th January at the earliest. The...
Having sat in a seminar on Tuesday listening to a HMRC representative state they were adamant Making Tax Digital (‘MTD’) for income tax would go ahead from April 2023, HMRC announced yesterday that it would now be delayed until April 2024! Businesses now have an...
Some of the team at JTThomas & Co attended the ‘Accountex’ convention in Manchester yesterday and the key message being discussed was the impending arrival of ‘Making Tax Digital (MTD)’ for Income Tax in April 2023. This is going to be a significant change to how...
Given the fact that many businesses are now gearing up as restrictions ease, I wanted to draw your attention to the ‘super-deduction’ announced in the Budget in March, which applies to companies investing in qualifying new plant and machinery assets between 1 April...
