PAYE settlement agreements – What are they and how do you set one up?
The usual method of declaring employees’ benefits in kind and taxable expenses is via the annual P11D form submission. Employers…
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The usual method of declaring employees’ benefits in kind and taxable expenses is via the annual P11D form submission. Employers…
Making any employee redundant is a difficult decision and potentially distressing for all involved. Getting the process wrong could result…
It is eight years since companies had to deal with two tax rates and marginal relief when calculating their corporation…
Most business owners know that VAT registration is a legal requirement should total taxable turnover for the previous 12 months…
Letting holiday properties, particularly in coastal resorts, may have a strong seasonal bias, and when business is slow during the…
Landlords coming to the end of their fixed rate mortgage deal are likely to be paying considerably more in interest…
If you have unrelieved overlap profits, you will not be able to claim relief for those profits after 2023/24. Overlap…
HMRC are sending one-to-many ‘nudge’ letters to taxpayers who included an invalid claim for gift hold-over relief in their 2021/22…
Workers are entitled to be paid the National Living Wage (NLW) or National Minimum Wage (NMW) for their age. Employers…
The High-Income Child Benefit Charge (HICBC) is a tax charge that claws back child benefit where the claimant or his…
Owners of personal and family companies frequently pay themselves a small salary and extract further profits as dividends. To utilise…
Earlier this year, HMRC sent ‘nudge’ letters to social influencers who they suspect may not have declared the tax that…
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