Changes to VAT penalties and interest from 01 January 2023

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

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New VAT penalty regime and other VAT news

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

1.25% increase to NIC and dividend tax ratesĀ 

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

Budget 2021

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

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Update on Government schemes in response to COVID-19

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

Dividend 2017/18 and 2018/19

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

Autumn Budget 2017

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…

Changes to flat-rate VAT in more detail with examples

National Insurance and dividend tax rises announced for social care reform From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.There will be a 1.25% increase in NICs on earned income, with dividend tax rates also increasing by 1.25%. The money…