News
In these unprecedented times, new financial information to kickstart our economy is being reviewed by the Government and consistently updated. At Tax-Link, we believe information is a key element of success and we can help by keeping you up to date. If you have any queries, please do not hesitate to contact us, and together, we can make it through these challenging times.
Understanding termination payments
How payments for redundancy are taxed.MTD for VAT extension set for 2022/23 rollout
Treasury reveals plan to further digitise taxes.UK debt soars to 99.6% of GDP
Year-on-year borrowing ‘five times higher’ in June.Watchdog demands overhaul of UK tax breaks
The Public Accounts Committee is calling for a review of ‘expensive’ reliefs.ONS reports ‘alarming’ slump in self-employed numbers
Freelancers call for improved self-employed support.Sunak calls for capital gains tax review
Chancellor wants to ensure the system is fit for purpose.VAT cut kicks in for certain sectors
Standard rate temporarily falls from 20% to 5%.UK economy slumps 19.1% in lockdown
Figures dispel hopes of a V-shaped recovery.UK tax gap drops to record low
More than 95% of tax owed in 2018/19 was collected.IFS: ‘Tax rises may not be imminent’
Think tank predicts a third phase of recovery.
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