KRW Tax news

Dividend tax rates to increase by 1.25% from April 2022

KRW Tax newsSeptember 17, 2021|In KRW Tax news|By Keith WitchellIn a bid to level the playing field with business owners who take lower salaries and supplement their income with dividends which do…


Self employed class 4 NIC rates to increase by 1.25% from April 2022

KRW Tax newsSeptember 17, 2021|In KRW Tax news|By Keith WitchellIn order to bring parity between employed and self-employed workers, it was confirmed that the 1.25% increase will also be applied to…


Employer NIC rates to increase by 1.25% from April 2022

KRW Tax newsSeptember 17, 2021|In KRW Tax news|By Keith Witchell Alongside the increase to employee NIC rates, it was also announced that the 1.25% increase will also apply to employer NIC…


Employee NIC rates to increase by 1.25% from April 2022

KRW Tax newsSeptember 17, 2021|In KRW Tax news|By Keith WitchellThe Prime Minister announced that in order to fund wide ranging reform to the health and social care sectors, it would be necessary to…


5th coronavirus grant for the self employed opens end of July

KRW Tax newsJuly 30, 2021|In KRW Tax news|By Keith WitchellEarlier this month, HM Revenue & Customs issued some guidance about the fifth, and potentially final, Self Employed Income Support…


Self employed income support scheme further grants confirmed

KRW Tax newsApril 8, 2021|In KRW Tax news|By Keith WitchellThe Chancellor confirmed that there will be two further three-month grants for self-employed taxpayers once again set at 80% of past…


Urgent action needed to spread the payment of deferred vat bills

KRW Tax newsMarch 18, 2021|In KRW Tax news|By Keith WitchellAlmost a year ago, on the eve of the first lockdown, the Chancellor announced that businesses could defer their quarterly VAT liability…


New recovery loan scheme announced

KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith WitchellWith the current Bounce Back and Coronavirus Business Interruption Loan Schemes due to end soon, a new 80% government backed Recovery Loan…


New restart grants for hospitality, leisure, gyms & non-essential retail

KRW Tax newsMarch 3, 2021|In KRW Tax news|By Keith Witchell£5 billion has been pledged to fund new Restart Grants which provide a one-off cash grant of up to £18,000 per premises for hospitality,…


Business rates relief for retail, hospitality & leisure extended

KRW Tax newsMarch 3, 2021|In KRW Tax news|By dinc_adminThe current business rates holiday for certain sectors including retail, hospitality and leisure has been extended to 30 June 2021, as expected,…