by premieraccounts | Dec 1, 2021 | Uncategorized
Reforms to the ways in which unincorporated businesses pay income tax – known as basis periods – will go ahead, one year later than planned. Proposals and draft legislation were published in July 2021, suggesting the new rules would commence from 6 April...
by premieraccounts | Dec 1, 2021 | Uncategorized
Delving into recent changes that affect the CIS. The construction industry remains one of the UK’s key sectors, which also helps to underpin the UK economy, despite experiencing the effects of the COVID-19 pandemic. In September 2021, construction output grew by...
by premieraccounts | Dec 1, 2021 | Uncategorized
Chancellor Rishi Sunak has extended a coronavirus loan guarantee scheme in a bid to protect UK businesses into next year. Sunak used his Autumn Budget speech to announce a six-month extension of the recovery loan scheme, which had been due to end on 31 December 2021...
by Premier Accounts | Nov 2, 2021 | Uncategorized
“Today’s Budget does not draw a line under COVID-19; we have challenging months ahead”, said Chancellor Rishi Sunak. Chancellor Rishi Sunak resisted temptation to raise taxes to start paying for the emergency support schemes that kept so many businesses afloat during...
by Premier Accounts | Oct 19, 2021 | Uncategorized
The stamp duty land tax holiday in England and Northern Ireland has come to an end, more than 14 months after it first came into effect. The tax break saw most buyers who purchased residential homes for £500,000 or less pay no stamp duty land tax until 30 June...
by Premier Accounts | Oct 19, 2021 | Uncategorized
The Government is being urged to introduce a new road-pricing system, because the increasing popularity of electric vehicles risks leaving a £30 billion hole in public finances each year. Research submitted by the Tony Blair Institute for Global Change called...
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