Changes to VAT penalties and interest from 01 January 2023

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

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New VAT penalty regime and other VAT news

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

1.25% increase to NIC and dividend tax rates 

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

Budget 2021

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

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COVID-19 Update 3

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

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Update on Government schemes in response to COVID-19

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

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COVID-19 Government schemes to help

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

Dividend 2017/18 and 2018/19

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

Autumn Budget 2017

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…

Changes to flat-rate VAT in more detail with examples

Delay in the abolition of Class 2 NIC The government has announced that it will introduce legislation to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018.The measures the legislation will implement,  will now take effect one year later than previously announced, from April 2019. These measures include…