by David Jones | Jun 16, 2022 | Business Tax, Opinion
Recently there’s been quite a lot of chatter in the corridors of power regarding tax cuts. Whilst constant murmuring about tax cuts from those in high office should be encouraging, it would be nice to see some action. Is it ever going to happen and, if so, which...
by David Jones | Apr 8, 2022 | Payroll Services
Today I will set out the details of the changes to National Insurance Contributions announced by Rishi Sunak on 23rd March, which come into force this month: Employers’ class 1 NIC The secondary class 1 NIC rates and thresholds (paid by employers) were not altered in...
by David Jones | Feb 3, 2022 | Business Tax, Comments on Global News, Corona Virus
Big Four accountancy firm EY have just published a report into the finances of the Premier League (PL). It reveals that despite the financial turmoil triggered by the Coronavirus, Premier League football clubs paid HMRC a whopping £3.6bn in taxes in 2019/20. The...
by David Jones | Jan 27, 2022 | Corona Virus, Opinion
Just short of six billion pounds of public money has been incorrectly paid out by HMRC in their handling of coronavirus support payments; and to make matters worse they are predicting that they’ll only be able to recover around 25% of it, with the rest being lost to...
by David Jones | Jan 6, 2022 | Corona Virus, Opinion
Since Boris raised the Covid alert levels in early December and deployed Plan B, UK businesses in the entertainment, arts and hospitality sectors have begged the Chancellor to provide additional financial support. All of these sectors, whether it be Covent Garden...