CONSIDER A SALARY SACRIFICE SCHEME
Date posted: 15th Mar 2022
Salary sacrifice schemes are popular schemes but there advantages have been reduced by HMRC over the years. One of the most popular areas of salary sacrifice arrangements relate…
Date posted: 15th Mar 2022
Salary sacrifice schemes are popular schemes but there advantages have been reduced by HMRC over the years. One of the most popular areas of salary sacrifice arrangements relate…
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: 26th Jan 2022
2021 continued to be dominated by COVID-19 however, on a positive note over seven billion COVID-19 vaccines were administered worldwide over 2021, helping life to return to a…
Date posted: 10th Jan 2022
Businesses need to be aware of plans by HMRC to reform reporting dates which could impact on upcoming tax liabilities advises Lee Watson, tax partner at Clive Owen…
Date posted: 6th Jan 2022
The Shared Prosperity Fund – the future of UK grant funding? Many regions of the UK, including the North East and Yorkshire, have historically benefited from good availability…
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…