Norsta Blog

Something that did not receive a mention in the Budget speech but is likely to have an impact on most of us sooner or later…

Mr Sunak has not found this Budget at all easy. He is convinced that thanks to the vaccines the UK economy is on its way…

50 years ago this month the UK finally adopted decimal currency. Despite the fact that the pound sterling was (and is) the oldest national currency…

If you miss paying your personal tax payment, HMRC are quick to issue penalties. How much could you be charged? Normal Rules HMRC charge automatic…

The Government’s original support package in March 2020 included specific help in connection with VAT. Registered businesses could defer payment of their VAT liabilities arising…

It had to come! It was announced in 2016 and HMRC is not backing off. Indeed the Covid-19 pandemic has underlined the fact that HMRC…

Capital Gains Tax (CGT) is an interesting tax and a relatively new one as well. It was introduced in 1965 by the Labour Chancellor, James…

This is a relatively new allowance which first became available in the year 2015/16. Unlike other reliefs it is a transfer of excess allowances from…

These letters have been part of HMRC’s armoury for about 10 years and are definitely here to stay. They are issued in their thousands (sometimes…

Details of the new CJRS arrangement have just been published. The scheme is being extended to 31 March which provides significant relief to employers and…