News
Tour Operators Margin Scheme (TOMS)
VAT on Serviced Accommodation and Holiday Lets The long-awaited decision in Sonder Europe Ltd has been released, and Sonder have won quite convincingly, meaning that the court decided that TOMS should apply to the business’ sales of serviced apartments. We’re really...
Chancellor’s statements on 17 October
17 October 2022 ‘The Growth Plan’ – a further update At 6.00 am on Monday 17 October, the Treasury issued a press release announcing that the (new) Chancellor, Jeremy Hunt, would making a statement “bringing forward measures from the Medium-Term Fiscal Plan”. The...
Construction Industry Scheme
For those who work in the construction industry, it is crucial to be familiar with The Construction Industry Scheme (CIS), since it is a system that can lead to much confusion and significant financial penalties where not correctly applied. The CIS is essentially a...
Autumn 21 Budget Summary
Setting out the government's tax and spending plans for the year ahead, Mr Sunak said his plans were focused on the "post-Covid" era, and would pave the way for an "economy of higher wages, higher skills, and rising productivity". View our Budget Summary with further...
Social Care Reform and Funding Summary
Highlights Government reforms to social care will impact those entering care in England from October 2023. The cap for full self-funding will rise to £100,000 from £23,250 The lower end means test capital limit will rise to £20,000 from £14,250 A total lifetime fee...
Astonia Associates Budget 2021 InfoGraphics
Following from our Budget Report 2021, here are some Budget Summaries in graphical format for you to download: Capital Allowances Covid Support Personal Tax If you have any specific questions please make contact and we'll be happy to explain in further...