


VAT-registered firms start using digital links under MTD
A million businesses need to have digital links in place to submit VAT returns and comply with phase two of Making Tax Digital (MTD) for VAT. All VAT-registered firms have until their first VAT return period, starting on or after 1 April 2021, to put digital links in...
Super-deduction tempts 51% of manufacturers to invest
Investment in the UK’s manufacturing sector is poised to rise as a result of the capital allowances super-deduction. The super-deduction enables companies that invest in qualifying new plant and machinery to benefit from a 130% first-year capital allowance. The...
The pensions lifetime allowance
How might the big freeze affect you? Traditionally, most people get nowhere near breaching the pensions lifetime allowance, but that’s likely to change over the next five years. The lifetime pensions allowance is currently £1,073,100. In his Spring Budget on 3 March...