Insider July 2021

Sweeping VAT reforms in the EU will affect the UK’s online retailers, families hit with big bills after believing gifts would not be taxed, OTS considers bringing the end of the tax year forward and UK tax incentive ‘fails to deliver extra R&D spending’. Read more.

Allowable expenses

Costs you can reclaim on the business. Allowable expenses and allowances in 2021/22. Read more.