Do you have a tax debt? Interest is charged on late payment.
If you have a tax debt already or are considering entering into a Time to Pay arrangement with HMRC, you […]
Tax
Tax
Payroll and withdrawal of Employer’s allowance
Employers can, subject to certain exceptions, claim £5,000 Employers Allowance – a reduction in the Employers National Insurance rates payable
Are you an “accidental landlord” and are you disclosing the income to HMRC?
Are you an “accidental landlord” and are you disclosing the income to HMRC? An accidental landlord is one where a
Accounting for VAT on fuel private usage
HMRC publish annually the scale rates to be used to account for VAT where VAT is reclaimed in full on
Pay your tax on time – interest charges rise again on late payment?
Following the recent decision to increase the Bank of England base rate to 4.25%, HMRC has announced increases to both
P11D Benefits in Kind – electronic filing only!
The HM Revenue and Customs (HMRC) February employer bulletin announced that you will no longer be able to submit P11D
Salary…. or not…. or dividend?
The tax system is complex – and it does not get any easier!! Changes to the tax system from April
Inheritance tax – are you affected?
The Nil rate band for estates has been frozen at £325,000 since 2009/10 It is likely to be at this
Employees in the business – could they claim expenses against tax?
Employees have limited expenses which can be claimed and they need to be incurred “wholly and exclusively” in the performance
Advisory fuel rates
HMRC has published the first quarterly advisory fuel rates for 2023 From 1 March 2023, the rates for electric cars