£30k redundancy – it is tax free, isn’t it?
Date posted: 12th Aug 2024
Being made redundant is an unsettling time, without the extra stress of considering whether the taxman wants to take a slice of your settlement. The starting point is…
Date posted: 12th Aug 2024
Being made redundant is an unsettling time, without the extra stress of considering whether the taxman wants to take a slice of your settlement. The starting point is…
Date posted: 12th Aug 2024
Most people will be aware that there may be tax considerations when selling a residential property. It is normally for a landlord selling a property to be aware…
Date posted: 12th Aug 2024
Many employees are required to wear a uniform or particular type of clothing whilst at work. Even where there is no set uniform, many have clothes that they…
Date posted: 8th Aug 2024
By Simon Hook, partner Seeing our new colleagues get started with their accountancy careers prompted me to reflect on my career journey with Clive Owen LLP. Getting started…
Date posted: 30th Jul 2024
The Shadow MPC is a partnership between Clive Owen LLP and The York Press, which considers the region’s economy and invites business figures to argue their case for a shift, or hold, in the rate.
Date posted: 29th Jul 2024
Leading regional accountancy firm, Clive Owen LLP has reaffirmed its commitment to colleague wellbeing and engagement after achieving a prestigious accreditation. The firm, which has offices in Darlington,…
Date posted: 23rd Jul 2024
HMRC form CT61 is a form required to be completed by a company if the company pays interest, royalties and other similar payments to an individual. Unlike banks…
Date posted: 23rd Jul 2024
Recent media coverage has suggested that around 500,000 individuals are caught in the 60% tax trap. Essentially, this means that an individual is paying 60% tax on every…
Date posted: 23rd Jul 2024
We are aware that HMRC is sending more letters to taxpayers to “nudge” them to check their tax returns are in order and to encourage the taxpayer to…
Date posted: 23rd Jul 2024
Since April 2016, there has been an exemption to cover tax becoming due on trivial benefits. This was intended to avoid tax becoming due on ad-hoc gifts such…