Salary sacrifice could “dampen increased NICs costs”, Hospitality and Tourism VAT rates increase to 12.5%, Business rates burden eases for retailers and hospitality firms, and Extension for temporary £1 million annual investment allowance. Read more.
Curtain Comes Down On Stamp Duty Land Tax Holiday, Government Launches New Trust Registration Service, The Rise Of Electric Vehicles Could Create £30bn Tax Hole and National Insurance and Dividends Tax Rates to Rise 1.25% in 2022/23. Read More.
Deadline approaches for 5th and final self-employed grant, NI contribution rates ‘poised to increase’, 1 in 5 UK employers consider making redundancies and capital gains tax receipts climb 3% to record high. Read more.
Lower Stamp Duty Land Tax Threshold In Place Until October, Employer Costs Increase As Furlough Scheme Winds Down, Treasury Seeks Feedback On Business Rates Revaluations And Pensions Tax Traps Catch Out Thousands More Savers. Read More.
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.