Meacher-Jones News

U-TURNS TO STEADY THE FINANCIAL MARKETS In his Fiscal Statement delivered on 23 September 2022, the previous Chancellor, Kwasi Kwarteng, introduced a Growth Plan including the tax cuts promised...

TEAM TRUSS CUT TAXES TO STIMULATE THE ECONOMY On 23 September 2022, Kwasi Kwarteng, the new Chancellor (the fifth in as many years) delivered a Tax Cutting “Fiscal Event” or Mini-Budget to help...

Back to School - Childcare Vouchers or Tax-Free Childcare Account? There continues to be poor take-up of the Government’s Tax-Free Childcare Accounts which provide a 25% subsidy towards the cost of childcare.

PRIME MINISTER CANDIDATES AND POSSIBLE TAX CUTS With the departure of Boris Johnson, the contenders as leader of the Conservative Party and Prime Minister (PM) have now been whittled down to the...

CHILDCARE ACCOUNTS CAN SUBSIDISE SUMMER CAMP COSTS If you have children under 12 who attend a nursery, after school club, play scheme, childminder or you are considering sending them to a summer...

REPORT EMPLOYEE BENEFITS ON FORM P11D BY 6 JULY P11D forms for reporting expenses and benefits in kind provided to employees and directors in 2021/22 need to be submitted by 6 July 2022. Remember...

TRADING LOSSES - CARRY BACK OR CARRY FORWARD? In the March 2021 Budget, it was announced that the normal one year carry back for trading losses would be extended to three years. That means that...

THE UPS AND DOWNS OF SPRING STATEMENT 2022 The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. In this edition of our April tax newsletter we...

VAT RATES FOR HOSPITALITY SECTOR DUE TO INCREASE FROM 1 APRIL 
Early in the COVID-19 pandemic, the Chancellor reduced the rates of VAT for the leisure and hospitality sector to just 5%. That...

WILL THERE BE A MINI BUDGET ON 23 MARCH? Whilst most of us were wrapping our Christmas presents on 23 December 2021, the Chancellor of the Exchequer, Rishi Sunak, commissioned the Office for...