Income Taxes The key change to income taxes and national insurance, the new health and social care levy, was announced several weeks before the Budget.

What is IR35? IR35 is UK tax legislation that is designed to assess whether a contractor is a genuine contractor or is a ‘disguised’ employee,

On Wednesday the 27th of October the Chancellor presented the second Budget for the year, setting out the Government’s tax and spending plans for the

If your company’s turnover exceeds £85,000 you are legally required to be registered for VAT.  This means that if the total value of everything that

By now you will know that here at Impala we are a team of highly skilled professionals, each with our own niche area of expertise,

At the beginning of 2021 a YouGov poll revealed that only 34% of respondents said that Brexit was an important issue facing the country.  Fast

As business owners and professionals, we all know that it is important to manage our finances wisely and, for the most part, we understand that

On 1 October 2021 a new VAT rate of 12.5% will be introduced for most sales made by a hospitality business. How will you deal

Every month it costs money to run your business. Whether it’s your office rent, paying your staff or even that cup of coffee you had

On the 7th of September, the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care