News - Holeys

18-04-2023

SMEs to benefit from Chancellor’s change to the Research & Development tax credits schemes

Chancellor Jeremy Hunt announced a partial reversal to the SME Research & Development (R&D) tax credit cuts in the recent Spring Budget after facing months of pressure. Startups had

15-03-2023

Spring Budget 2023

02-03-2023

Avoid stress and prepare for payroll year-end

It is that stressful time of year again with the payroll year-end fast approaching. Payroll year-end ties in with the tax year-end, which is 5 April. The

02-03-2023

Make voluntary National Insurance contributions to ensure pension entitlement

People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls in their payment history. NI contributions, or

02-03-2023

R&D tax reliefs are changing in April – Are you ready?

Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April. He announced changes

02-03-2023

Businesses must be prepared for imminent changes to Corporation Tax

Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax rising

02-03-2023

Employers brace for uplift to the National Minimum Wage

Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two million

02-03-2023

Fuel rate boost for electric car drivers, but other advisory fuel rates cut

Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC)

23-02-2023

The VAT filing deadline is approaching: How to get prepared

It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties. HM Revenue &

09-02-2023

How can you deal with VAT return errors?

If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to

08-02-2023

Think about the support you need for your business

Your business may be sailing along quite nicely, or it may be struggling with the effects of shortages, rising prices and an energy crisis. In both cases

08-02-2023

Taxation planning should be an ongoing process, not just pre-Budget

With the Spring Budget looming in March, it is easy to be tempted to delay tax planning until afterwards in hopes of favourable tax cuts. However, the