Farrell & FarrellOct 14, 20221 minUK: Government U-turn on Corporation tax In response to the market turmoil since the announcement of the Mini-Budget, the Prime Minister Liz Truss has sacked the Chancellor Kwasi...
Farrell & FarrellOct 13, 20221 minMTD for VAT filing will become mandatory from 1 November 2022All VAT-registered businesses must use Making Tax Digital (MTD) compatible software for their VAT returns from 1 November 2022. From 1...
Farrell & FarrellOct 3, 20221 minUK: Chancellor scraps plans to remove 45% income tax rate for high earnersThe Chancellor, Kwasi Kwarteng, has today announced that the Government will not go ahead with plans to abolish the 45p rate of income...
Farrell & FarrellSep 28, 20221 minUK: Bank of England to buy Government bonds The BOE has today announced that it will step in and buy Government bonds to help “restore orderly market conditions”. The pound has...