With Covid, several Prime Ministers and Chancellors and the run up to a general election, changes to the tax system have been numerous and we can expect more in 2024.

What can we see on the horizon and how should you react?

Dear HMRC

Why we need to talk to you…..

As an unrepresented taxpayer with apparently very simple tax affairs, I find myself needing to call you. I really don’t want to. I have better things to do, but I like to know I’m not going to upset you.

You know how government loves a three letter acronym? These are in abundance within Brexit related matters, peppered with others too!

Unfortunately, this means you’ll need to learn a few new ones ready to trade internationally from next January 2021. Here are just a few of the terms and actions required:

Two and half months after his first announcement on government help for businesses, on Friday the Chancellor amended and extended the self employed (SEISS) and employee (CJRS) grant schemes to reflect the anticipated gradual exit from the Coronavirus lockdown.