The government’s trading plan to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc) is continuing. The government’s intention as announced at Spring Budget is to fully exit the shareholding by 2025-2026, subject to market conditions and achieving value for money for taxpayers. This is in line

Conversation takes a turn for the worse if you have an opinion that your client has no idea how to solve their problem(s) and all they need to do is listen to your solution. And you may be right in your interpretation of the facts, but will the client appreciate your apparent unwillingness to listen?

HMRC has updated Notice 701/19 relating to the treatment of fuel and power for VAT purposes entitled 'Fuel and Power'. The notice cancels and replaces the previous version published in November 2022.  The notice covers how supplies of fuel and power should be treated for VAT purposes. The updated notice includes clarification of the requirement for

The government has published its response to its 2020/21 consultation on measures to reform post-termination non-compete clauses in contracts of employment, and it has confirmed that it will introduce a statutory limit on the length of non-compete clauses of three months. This limit will apply to non-compete clauses only, and in contracts of employment and

One of the services offered by Companies House helps combat fraud and protect your company from fraudulent changes being made. The free service is known as the protected online filing (PROOF) scheme and means that any forms covered by PROOF can only be filed online. Companies House will reject any paper versions of the forms

The government has again requested the Low Pay Commission to consider its’ recommendations for increases in the MNW and NLW wage rates from 1 April 2024. The government has requested the Low Pay Commission to closely monitor developments in the labour market, including the impact of increases to the minimum wage rates, and advise on

There are a number of reliefs available that can reduce liability to IHT. Of most interest to farmers is the Agricultural Property Relief (APR). Relief is available at a rate of 100% or 50% depending on who farms the land and how long the land has been owned. The APR can be claimed on assets

Some businesses could see their bills slashed by as much as 20% off predicted wholesale prices, thanks to further government support launched on 26 April 2023 for sectors using high amounts of energy. Applications have now opened for energy and trade intensive sectors that are most affected by the unprecedented rise in global energy prices

The Scottish rate of Income Tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish taxpayers. The definition of a Scottish taxpayer depends on whether the taxpayer has a 'close connection' with Scotland or elsewhere in the UK. The liability to SRIT is not based on nationalist identity, location of work

The 2017 UK-Kyrgyz Republic Double Taxation Agreement entered into force on 17 March 2023. The agreement is effective in the UK from: 1 April 2023 for Corporation Tax 6 April 2023 for Income Tax and Capital Gains Tax 1 January 2024 for taxes withheld at source It is effective in the Kyrgyz Republic from: 1