by admin | Jul 4, 2022 | October, 2021, CK Newsletter
Welcome news for previously profitable businesses struggling with Covid-19 losses. The Budget announced a temporary extension to the period over which a business can carry back trading losses. This means relief can be carried back to the three previous years, rather...
by admin | Jul 4, 2022 | October, 2021, CK Newsletter
New addition to the CK Audit Team CK are pleased to welcome Sam McCafferty to the audit team, he joins us as an ACA trainee. Sam achieved a first class degree in Physics at Exeter University and outside of work he plays rugby for the second team in Stourbridge. We...
by admin | Jul 4, 2022 | October, 2021, CK Newsletter
It’s not just technical tax talk. Recent proposals could have a major impact on income tax liabilities. The government is currently discussing proposals for what’s called income tax basis period reform, something entailing fundamental change for unincorporated...
by admin | Jul 4, 2022 | October, 2021, CK Newsletter
National Insurance Contributions (NICs) and dividend tax rates rise 1.25% in 2022 to fund a new health and social care package. The increase is put on a permanent footing from 6 April 2023, as a separate tax, the Health and Social Care Levy. NIC rates then revert to...
by admin | Jul 4, 2022 | October, 2021, CK Newsletter
Expect a sea change in HMRC’s approach to tax debt as the economy emerges from the pandemic. Protecting livelihoods. Keeping people in work. Helping businesses with temporary cash flow issues to survive. These have been HMRC’s guiding principles on tax debt ever since...
by admin | Jul 4, 2022 | October, 2021, CK Newsletter
If you’re an employer, you can still tap into Covid-19 youth job creation funding. In Northern Ireland, that’s the JobStart scheme. In England, Scotland and Wales, it’s Kickstart. The schemes are broadly similar. The Kickstart scheme has just been extended to March...
