Moore Accountancy April 2022 Newsletter
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Moore Accountancy Update

April and Spring are generally positive times but this year with the ongoing issues in Ukraine and elsewhere in the world; and locally the fuel crisis hitting businesses and individuals - things do not seem great.

The recent budget (Spring Statement) has helped partially on the local front, but if there are any specific financial issues relating to your business that you wish to discuss, then please email us.

Across the country, there are different school holidays but Trafford are the weeks on either side of the Easter weekend. Many members of our team will therefore be taking leave at this time, so please check the emails from us detailing who will be away.

This is also detailed below for your reference:
  • Cath will be off from 11/4 - 18/4
  • Katie will be off from 12/4 - 19/4
  • Monia will be off from 05/04 - 18/4 
  • Ning will be off from 11/4 - 25/4 
  • Susie will be off from 8/4 - 20/4
  • (all dates are inclusive) 
Susie will be sending out an email with the new 2021/22 checklist and use of home documentation over this week and next, so please look out for it and save down the document as an aide memoir to help collate any records needed to send to us.

Moore Accountancy will continue with hybrid working for the forseeable future, as on the whole it works with the team dynamics and their welfare, both mentally and physically.

Emails will continue to be passed to the relevant team member and dealt with as if they were in the office.

If you have missed any of our previous newsletters, then our website has a backlog of them here.

Despite lobbying to delay the upcoming 1.25% increase in NICs payable by employees, employers and the self-employed, the government has decided to go ahead as planned from April 2022, to provide additional funds for health and social care.  

Some new measures have however been announced in an attempt to combat the effect of the increase, at least partially.

Increase in the starting NIC threshold for individuals
The annual level at which employees and the self-employed start to pay NICs was due to increase from £9,568 to £9,880 from 06/04/22. 

This increase will go ahead but be further uplifted to £12,570 from 06/07/22, effectively aligning the point at which an individual starts to pay NICs with the £12,570 income tax personal allowance.

In the tax year 2022/23, this is a NIC cut worth £267 for most employees and £207 for most self-employed individuals. 

Crucially, this will more than negate the impact of the 1.25% point NIC increase for most workers with employment earnings of less than £34,000, providing them with a small contribution to the increased cost of living.

The starting NIC threshold for the self-employed and company directors is computed on an annual basis and so will be set at a pro-rata sum of £11,908 for the whole of the tax year 2022/23, before increasing to £12,570 in the tax year 2023/24.

Class 2 NIC liabilities of the self-employed
For the self-employed, some individuals will find that they no longer need to pay Class 2 NICs from April 2022.

The small profits threshold will be set at £6,725 as planned but the requirement to pay Class 2 NIC will only apply to those with self-employed profits over £11,908.

This will benefit approximately 500,000 self-employed individuals by saving them £165 a year.

From 2023/24, Class 2 NIC will only be payable by those with profits over £12,570.

What about employers?
No changes have been made to the annual level at which employers’ NIC start to apply; namely £9,100 for most employees in the tax year 2022/2023. 

However, the Employment Allowance, which allows eligible businesses to reduce their employer NIC cost, will increase from £4,000 to £5,000. Note this does not apply to sole director payrolls or those with all employees earning below £9,100.
It is expected that 495,000 businesses will benefit from this increase, with most saving £150 in the tax year to 5 April 2023.

While the Spring Statement described tax cuts, we must not lose sight that there is still the upcoming 1.25% point increase in NIC, along with a freeze in income tax bands and allowances.
Many individuals and businesses will still be paying more tax and NIC in the year 2022/23 than they did last year.

Next Steps
Luke will shortly be sending out an email to all our payroll clients with various options for the new tax year, so please look carefully through them and respond back to us, so that we can action on your behalf.

The change to VAT rates have a consequential effect on the VAT Flat Rate Scheme percentages from 1 April 2022 as set out below:

Type of Business           Catering        Hotels        Pubs
Pre 15/07/20                        12.5%         10.5%         6.5%
and from 01/04/22
15/07/20 to 30/09/21            10.5%           0.0%        1.0% 
01/10/21 to 31/03/22             6.5%            5.5%        4.0%



This has been communicated in our last newsletters but is worth reiterating so it can be communicated to staff members.
The increases are:
•    National Living Wage (23+) to increase from £8.91 to £9.50
•    National Minimum Wage (21-22) to increase from £8.36 to £9.18
•    National Minimum Wage (18-20) to increase £6.56 to £6.83
•    National Minimum Wage (16-17) to increase £4.62 to £4.81
•    Apprenticeship Wage to increase from £4.30 to £4.81

See  further information: UK government announces pay rise for millions of people 


The Chancellor has committed to reduce the basic rate of income tax from 20% to 19%, but not until 2024/25. 

Note that the Scottish Parliament and Welsh Assembly have devolved powers to set their own income tax rates on earned income.

It is estimated that this will save 30 million individuals an average of £175 per year.


Fuel duty has been cut by 5p per litre for 12 months from 6pm on 23 March 2022. 

The Treasury report that this will save the average car driver £100 a year and the average van driver £200 a year.

Note however that the ongoing wars will impact resourcing, and so this may not affect your petrol cost.


No extension has been granted to the leisure and hospitality sector for use of the reduced 12.5% VAT rate on eligible supplies including food, non-alcoholic beverages and hotel and holiday accommodation.

The VAT rate applied to these supplies has reverted to 20% from 04/04/22 as planned.

Please ensure any VAT reclaims have the correct rate and if you are in hospitality that you have updated your till systems to reflect the VAT rate.


For individuals and businesses wanting to donate money to help to support those suffering in Ukraine, there are a number of charities providing humanitarian relief.
This can be done via the Disasters Emergency Committee (DEC) Appeal at

Individual UK taxpayers should make sure to tick the Gift Aid box as that will increase their donation by 25%.

It should also be remembered that, like pension contributions, higher and additional rate taxpayers are able to obtain even more tax relief.
For example, a £40 donation only costs £30 after higher rate tax relief. 


A new law is now in place to help resolve certain remaining commercial rent debts accrued because of the pandemic.

The ‘Commercial Rent (Coronavirus) Act 2022’ received Royal Assent recently.

This means that a legally binding arbitration process will be available for eligible commercial landlords and tenants who have not already reached an agreement. This will resolve disputes about certain pandemic-related rent debt and help the market return to normal as quickly as possible.

The law applies to commercial rent debts of businesses including pubs, gyms and restaurants which were mandated to close, in full or in part, from March 2020 until the date restrictions ended for their sector.

Debts accrued at other times will not be in scope.
See: New law to resolve remaining COVID-19 commercial rent debts now in place - GOV.UK 


Whilst Moore Accountancy are windows based, we know many of your are Apple gurus!

Many iCloud users have received a notification upgrading to iCloud+, free of charge, for anyone who has a paid iCloud plan.
The free 5GB iCloud account doesn’t get these additional features. 

In addition to cloud storage, iCloud+ offers security features such as Hide My Email, which generates random email addresses that forward to your personal inbox.

This means you don’t have to share your real email address when filling in forms to sign up to public Wifi or subscribing to an email newsletter. This is helpful if you don’t want to have your actual email address added to marketing databases.

Another useful new feature is iCloud Private Relay. This service is a bit like a VPN and is designed to protect your privacy online.

Private Relay encrypts your browsing data as it leaves your device, which protects if from being read by others. This apparently prevents third parties determining your identity and building a profile of your location and browsing history.

A further feature built into iCloud+ is Mail Privacy Protection, which helps prevent email senders from collecting information about you. The system protects your IP address and is intended to prevent unwanted email marketing, etc.


05/04/22 - End of Tax Year 2021/22

06/04/22 - Start of New Tax Year 2022/23

19/04/22 - PAYE & NIC deductions for month ended 05/04/22 (March payroll) 

30/04/22 - Corporation tax due for year to 31/07/21

19/05/22 - PAYE & NIC deductions for month ended 05/05/22 (April payroll) 

31/05/22 - Corporation tax due for year to 31/08/21
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Moore Accountancy · 1 Northway · Altrincham · Cheshire, WA14 1NN · United Kingdom

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