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01 Jul 2022
The long-awaited response outlines the Government’s plans to tackle dominance of large auditors, ban failing ones and bring unlisted companies under the scope of the regulator. The current Financial Reporting Council will also be replaced by a “new, stronger regulator”... Read more
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Insider: July 202201 Jul 2022
HMRC recently announced new powers to investigate companies they suspect of evading taxes, so as a business owner, you might be worrying about what happens if your company comes under scrutiny. Even if you’ve played entirely by the rules, the... Read more
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How HMRC conducts tax investigations01 Jul 2022
As you may have heard, there are changes happening to National Insurance contributions (NICs). From 6 July, the new thresholds will come into effect. But what does that mean for you? As a self-employed worker, you will already pay your... Read more
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How do changes to NICs affect you?31 May 2022
HMRC has confirmed it will raise interest rates on late tax bills by 0.25 percentage points after the Bank of England increased the base rate of interest to 1%. The announcement means the late payment interest rate and corporation tax... Read more
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Insider: June 202231 May 2022
Research and development (R&D) tax credits were once a little-known tax incentive for companies which invested in innovation. But after rule changes in recent years, and a push by many tax advisers, they are now much more widely understood and... Read more
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The tax benefit for innovative companies31 May 2022
Most businesses rely on funding in one form or another to keep their operations running, invest in new equipment or projects, and grow. The past few years in particular have made it necessary for many businesses to source extra funds,... Read more
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Sourcing business finance23 May 2022
Our Charity Newsletter includes the latest guidance and support available for the not-for-profit sector as COVID-19 restrictions come to an end and trustees start planning for the future.
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TC Group Charity Newsletter – Spring 202211 May 2022
Penalties now apply to businesses that make mistakes under new IR35 rules for the private sector. The Government extended the off-payroll working rules reform to the private sector in April 2021, but promised to be lenient on mistakes in the... Read more
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Insider May 202211 May 2022
We are all somewhat used to living with economic doom and gloom at present, from sky-high inflation rates to tax rises being splashed across the news headlines. But recent analysis from the Office of Budget Responsibility shows that you may... Read more
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The importance of estate planning