Rest in Peace Queen Elizabeth II
Joining with people across the UK and Commonwealth, We mourn the passing of Her Majesty Queen Elizabeth II.
Our condolences are with the Royal Family and His Majesty King Charles III.
September 2022 Newsletter
Digital Tax Bureau’s curated latest business news for September 2022.
Spring Statement 2022
Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022.
Budget for 2022/23 has been released today, please watch this space.
The 2022 Spring Statement is due to be held on Wednesday 23 March 2022. The Chancellor of the Exchequer has commissioned the Office for Budget Responsibility (OBR) to produce an economic and fiscal forecast for that day.
National Insurance increase
With the new tax year comes the government’s Health and Social Care Levy (HSCL).
The HSCL is designed to raise additional money for the NHS and social care in the aftermath of the Covid-19 pandemic. While most people would agree that the health service could do with the extra funding, the increase has its critics because of how it has been presented.
Tax Relief For Sponsoring Charity Runs
Charitable deeds can potentially be enhanced by tax relief or even increase the amount you donate without having to put in more yourself, continue to know more.
Tax relief and exemptions for annual parties, gifts, and donations
As many of you might have to cancel your festive celebration due to Omicron, the tax relief for annual events and small gifts to employees or directors are not lost. You could still utilise them after the holiday season when it’s safe to do so again. Also, we have an increasing amount of queries on tax relief on charitable donation amid the pandemic so we would like to highlight some tax reliefs and allowances in this email for you to consider.