Every April, the UK enters a new tax year, and most of us will be happy to put 2020 (finally) behind us. Over the coming weeks or months, you’ll likely start preparing your financial documents to submit your Self Assessment or Company Tax Return. There are also some upcoming changes that you should be aware of.
Unlike previous years, the coronavirus pandemic has delayed many of the scheduled changes that were supposed to take place.
This article looks ahead to the new tax year, including tax breaks, VAT changes, new regulations, and wage changes being introduced.