Businesses are running out of time to take advantage of the Corporation Tax super-deduction capital allowance scheme, which allows companies to claim back 130% on investments made in plant or machinery. The scheme runs until 31 March 2023. With Corporation Tax rates set to rise in April 2023 for more profitable businesses, there’s not much […]

The Government announced a two-year delay and changes to the rollout of its Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative.  MTD for ITSA will now look to begin from April 2026 for a small group of taxpayers rather than launching in April 2024. The move will give self-employed workers, sole traders and