Be prepared for changes coming to corporation tax
Changes are on the way next month to the rate of corporation tax you will be paying and it is important to be prepared. If you operate your business through a limited company you will pay corporation tax on your profits and that rate is the same regardless of the level of your profits. For […]
DUA Tax newsletter – March 2023
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. WILL THE SPRING BUDGET STIMULATE ECONOMIC GROWTH? With the UK economy flat lining the Chancellor is under pressure to announce measures to stimulate growth. There are even calls for him to […]
DUA Tax newsletter – February 2023
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. MAKING TAX DIGITAL FOR INCOME TAX DELAYED AGAIN Making tax digital (MTD) for income tax self-assessment (ITSA) was originally scheduled to start in 2018 and was then put back to 2023 […]
DUA Tax newsletter – January 2023
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. NEW YEAR RESOLUTIONS TO SAVE TAX At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end […]
TAX News – December 2022
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. TAX INCREASES AND PUBLIC SPENDING CUTS The new Chancellor Jeremy Hunt had warned the public and the financial markets that his Autumn Statement would include “eye-watering” cuts in public spending […]
TAX News – November 2022
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. U-TURNS TO STEADY THE FINANCIAL MARKETS In his Fiscal Statement delivered on 23 September 2022, the previous Chancellor, Kwasi Kwarteng, introduced a Growth Plan including the tax cuts promised […]