What lies ahead for HR professionals and companies: staying up to date with the latest trends and initiatives

We were thrilled to once again contribute to TMM Recruitment's North East Salary Guide. The following blog is the content provided by our Employee Benefits Senior Manager, Richard Petrie. You can download and read the full guide here: https://www.tmmrecruitment.com/news/2021-12-21-2022-north-east-salary-guide 

HMRC effectively extends Self Assessment deadline by 30 days

HMRC have announced they will effectively push back the Self Assessment filing deadline for submission of the 2020/21 Self Assessment Tax Returns from 31 January 2022 to 28 February 2022. For the second year in a row this gives the taxpayer additional time to complete their tax return and pay any tax due. The late filing penalty of £100 will not be charged unless the tax return is submitted after 28 February 2022.  

No CGT hikes on the horizon

Last year the Office of Tax Simplification (OTS) proposed that Capital Gains Tax (CGT) rates should mirror Income Tax rates which would have seen the top rate of CGT rise to 45% from 28%, in order to help ‘close the gap’ on the financial burden which has arisen due a direct result of the COVID 19 pandemic.

2021 Year in Review: Legal Sector

As you will have seen, last month we announced our merger with Leeds-based accountancy firm, Sagars.

2021 Year in Review: Tech Sector

A good place to start our 2021 Year in Review is to have a look back at the predictions and observations we outlined in our 2020 Year in Review. So, how accurate were they?

2021 Year in Review: Energy Sector

Securing energy supply to meet growing demand

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