

New Simplified VAT Guidance for Foreign Sellers Shipping Goods to the UK Released by HMRC
HMRC has released new simplified VAT guidance for overseas sellers in a bid to support Chinese retailers who sell goods online in the UK....
Apr 3, 2023


Interest rates rise again after surprise inflation jump
The Bank of England has raised UK interest rates for the 11th time in 18 months, due to an unexpected increase in inflation caused by the...
Mar 24, 2023


Streamline Your Finances with Top-Quality Accounting Services in the UK
Looking for reliable accounting services in the UK? Look no further than Albatross Accounting. We offer a range of expert solutions to...
Mar 6, 2023


Royal Assent of the Stamp Duty Land Tax (Temporary Relief) Act
Royal Assent was granted on 8 February 2023. The legislation increases the nil-rate thresholds for residential stamp duty land tax (SDLT)...
Feb 26, 2023


Annual allowances — use them or lose them
With the end of the tax year (April 5, 2023) fast approaching, it’s worth thinking about how you can maximise some of the many available...
Feb 13, 2023


HMRC trials answer by text system to cut call queues
Routine calls to HM Revenue and Customs will be answered by text, rather than by a human, in a trial aimed at improving its customer...
Jan 23, 2023


Almost 5.7 million customers still to file their tax return
There is less than one month for around 5.7 million Self Assessment customers to file their tax return or they may face a penalty, HM...
Jan 15, 2023


Minimum wage rates from April 2023 have now been announced
The National Living Wage (NLW) will rise to £10.42 from 1 April 2023, an increase of 92 pence or 9.7 per cent. Alongside the NLW, the...
Jan 9, 2023


King Charles III banknotes unveiled
The Bank of England unveiled the design of the King Charles III banknotes. The portrait of The King will appear on existing designs of...
Dec 26, 2022


Employees can ask for flexible working from day one
The new legislation will mean that workers will not have to wait for 26 weeks to seek flexible arrangements, as set out under the current...
Dec 23, 2022