PAYROLLING BENEFITS IN KIND
Date posted: 15th Mar 2022
HMRC are encouraging more employers to payroll employee benefits in kind rather than declaring benefits on the end of year P11d forms. If employers haven’t already done so…
Date posted: 15th Mar 2022
HMRC are encouraging more employers to payroll employee benefits in kind rather than declaring benefits on the end of year P11d forms. If employers haven’t already done so…
Date posted: 15th Mar 2022
HMRC have recently updated their guidance for VAT registered importers. These traders must account for postponed import VAT on their VAT returns for the accounting period which covers…
Date posted: 15th Mar 2022
Early in the COVID-19 pandemic, the Chancellor reduced the rates of VAT for the leisure and hospitality sector to just 5%. That reduced rate applied from 15 July…
Date posted: 5th Jan 2022
There is a lot of preparation involved in setting up a business, and costs will be incurred, which may be substantial. Before it is able to start trading,…
Date posted: 5th Jan 2022
All individuals are entitled to an annual exempt amount for capital gains tax purposes. Net gains (chargeable gains less allowable losses) for the tax year are free of…
Date posted: 5th Jan 2022
The January self-assessment payment deadline is not well timed, falling as it does in a month when people may be already struggling to pay their Christmas credit card…
Date posted: 5th Jan 2022
A full state pension is payable to people who have 35 qualifying years. Individuals who have less than 35 qualifying years, but at least 10 qualifying years are…
Date posted: 5th Jan 2022
Unfortunately a common scenario for landlords, but there are times when a residential property does not have a tenant. This could be periods when the property is empty,…
Date posted: 5th Jan 2022
As the clock struck midnight on 31 December 2021, attention may have turned to your plans for 2022 – booking holidays, seeing friends or getting back to the…
Date posted: 16th Dec 2021
As a reminder, the sale of a residential property that produces a tax charge (e.g. buy to let property sale, second home, inherited property etc) needs to be…
