Increasing interest rates on overdue tax
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.
Craig Simpson, Tax Partner at Bates Weston, provides a brief guide to the holding company, including its purpose and how to put one in place.
What do the changing tax rates and allowances announced in the November 2022 Budget mean for profit extraction from your company?
Craig Simpson, Tax Partner at Bates Weston looks at the growing trend towards employee Ownership and the Employee Ownership Trust in particular.
In Jeremy Hunt’s statement yesterday, he told us which Mini-Budget measures are staying and which are not going ahead. The summary is simple. Everything goes except abolishing the Health & Social Care Levy, changes to Stamp Duty and the increased Annual Investment Allowance.
In an update to the mini budget, the Chancellor has cancelled his plans to abolish the higher 45% rate of Income Tax. We have update our Mini Budget Summary Report to reflect this.