Find out when you must meet the Making Tax Digital for Income Tax requirements. You should first check if you can sign up for Making Tax Digital for Income Tax. You must meet the Making Tax Digital for Income Tax requirements from 6 April 2026 if all of the following apply, you: are an individual are registered for Self Assessment (find out more about registering and sending a Self Assessment tax return) were self-employed or...
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The list of frequently asked questions relating to the closure of the Menai Suspension Bridge to traffic has been updated. The update includes information on support available for businesses in Menai Bridge, including the additional support that was announced last week as part of the draft budget, as well as an update on the completion of Menai Bridge resurfacing works and the ongoing maintenance work that Network Rail is undertaking on the Britannia Bridge. Traffic...
Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time. All limited companies, whether they trade or not, must deliver annual accounts each year. This includes dormant companies. It’s the directors’ responsibility to file a company’s accounts. You could get a criminal record, a fine or disqualification if you do not deliver your accounts on time. Even if...
The way HMRC assesses your profits if you’re a sole trader or a partnership that uses an accounting date between 6 April and 30 March is changing. This change will not affect companies. Your accounting date is the last day of the period that you prepare your accounts for. You choose your accounting date and will normally make your accounts up to that date every year. If your accounting date is between 31 March and...
Jane Hutt, Minister for Social Justice As we approach Christmas, I want to update Members about recent issues relating to our ongoing humanitarian Ukraine response. After months of asking for certainty about the future funding of the Homes for Ukraine scheme, the UK Government has provided some clarity about a number of issues we have discussed in the Siambr. The UK Government’s announcement about future Homes for Ukraine funding includes an extension to the host...
Simple advice, with no or very low-cost actions that households can take to reduce their energy use and bills this winter, is now available to the public under a new UK Government information campaign. The ‘It All Adds Up’ energy saving campaign will raise public awareness of straightforward actions that people can take to cut their bills by bringing down the amount of energy needed to keep their homes warm and stay safe this winter...
The PCS union has announced industrial action by some Border Force members on 23 December 2022 to 26 December 2022 and 28 December 2022 to 31 December 2022, at the following locations: Birmingham Airport Cardiff Airport Gatwick Airport Glasgow Airport Heathrow T 2, 3, 4 and 5 Manchester Airport Port of Newhaven If you are planning on moving goods on the affected dates This industrial action could lead to disruption at ports, airports, and Inland...
Goods export values by Welsh businesses have recovered beyond pre-pandemic levels and totalled £19.4 billion for the year ending September 2022, an increase of more than a third compared to the previous 12-month period and £1.7 billion higher than the year ending September 2019, Economy Minister Vaughan Gething has announced. The latest provisional figures show Welsh goods exporters have demonstrated significant resilience amid ongoing challenges in the global trading environment, from the war in Ukraine...
45,000 visas for seasonal workers will be available for businesses next year, the UK Government confirmed, providing a boost for the UK’s horticulture industry. The allocation will allow businesses to recruit foreign workers to come to the UK for up to six months through the Seasonal Worker visa route – an uplift of 15,000 compared to what was available to businesses at the start of 2022. For further information please select the following link Government...
Working in partnership, Business Wales and Visit Wales have now launched Sustainable Tourism Wales. The new business support scheme provides advice and support on how to save money, promote your business using sustainability practices and realise your green ambitions. If you’re unsure where to start when it comes to sustainability or maybe you've started making changes but want to take it to the next level, you can download our short, handy resource packs, which include...