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Tag: Tax

Crown Preference – what you need to know!

30th November 2020 | Written by In Accountancy | Categories : Construction Industry, Limited Companies, News, Small Business Advice, Tax Advice
Tagged in: insolvency, Tax,
Crown Preference – what you need to know!

What is Crown preference? Why does it make a difference? Will it impact a personal guarantee? In the World of Covid, with Brexit around the corner, it is easy to forget that there is another change that will impact the
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New Tests And New Car Benefit Percentages

16th April 2020 | Written by In Accountancy | Categories : News, Tax Advice
Tagged in: car benefit, Tax,
New Tests And New Car Benefit Percentages

As part of its drive to encourage green motoring, the government has introduced a new emissions test, as well as new car benefit percentages.


Get Ready For 30-Day Returns And Payments For Residential Property Gains

14th April 2020 | Written by In Accountancy | Categories : News, Personal Tax, Tax Advice
Get Ready For 30-Day Returns And Payments For Residential Property Gains

Legislation has been enacted to change reporting obligations for residential property gains chargeable on UK resident individuals, trustees and personal representatives.


Don’t Forget To Make Tax Efficient Investments Ahead Of The Tax Year End

17th March 2020 | Written by In Accountancy | Categories : Personal Tax, Tax Advice
Don’t Forget To Make Tax Efficient Investments Ahead Of The Tax Year End

With the end of the tax year looming there is still time to save tax for 2019/20.


IFS Calls For Chancellor To Raise Taxes In Upcoming Budget

12th March 2020 | Written by In Accountancy | Categories : News, Tax Advice
IFS Calls For Chancellor To Raise Taxes In Upcoming Budget

The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the forthcoming Budget to raise taxes.


HMRC Issues Guidance On Cryptoassets

31st December 2019 | Written by In Accountancy | Categories : News
Tagged in: HMRC, Tax,
HMRC Issues Guidance On Cryptoassets

HMRC has published guidance for people who hold cryptoassets, typically cryptocurrency or Bitcoin, explaining what taxes they may need to pay and what records they need to keep.


Check Employment Status For Tax Tool Update

29th December 2019 | Written by In Accountancy | Categories : Limited Companies, News, Small Business Advice, Sole Traders, Tax Advice
Tagged in: CEST, HMRC, Tax,
Check Employment Status For Tax Tool Update

HMRC has issued an update to the Check employment status tool (CEST) in advance of the introduction of new tax rules proposed for individuals who provide their personal services via an ‘intermediary’ to a medium or large business. The tool
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Cycle To Work Schemes – More Complex Than You Think…

25th December 2019 | Written by In Accountancy | Categories : Limited Companies, News, Small Business Advice
Tagged in: HMRC, Tax,
Cycle To Work Schemes – More Complex Than You Think…

There has been much interest recently in Cycle to Work schemes, particularly since HMRC lifted the limit on the value of bikes and accessories which can be claimed from £1000 to, well basically to whatever your employer agrees to, from
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Temporary Pensions Tax Arrangement For NHS Staff

19th December 2019 | Written by In Accountancy | Categories : Medical and healthcare, Pensions and Payroll
Tagged in: NHS, Pensions, Tax,
Temporary Pensions Tax Arrangement For NHS Staff

In a letter in November 2019, the Secretary of State for Health and Social Care, Matt Hancock, has agreed to a temporary commitment to make payments to certain clinical staff outside of the NHS pension schemes to restore the value of their pension benefits package.


Electric Cars – There’s Never Been (Or Going To Be) A Better Time

2nd December 2019 | Written by In Accountancy | Categories : Client News, News, Tax Advice
Tagged in: Tax, tax free benefit,
Electric Cars – There’s Never Been (Or Going To Be) A Better Time

Electric cars – love them or hate them there are a few facts we cannot deny… They are most definitely better for the environment They cost less to run The ‘fuel’ tax is much, much less And for now at
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NHS England Confirms Emergency Action on Pension Tax

28th November 2019 | Written by In Accountancy | Categories : Client News, Medical and healthcare, Pensions and Payroll, Tax Advice
Tagged in: NHS, Pensions, Tax,
NHS England Confirms Emergency Action on Pension Tax

NHS England has confirmed it will take urgent action on to ensure NHS workers who exceed their annual allowance during this financial year will be able to take on additional work without being left out of pocket. Last week, it
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Annual Investment Allowance – why you need to plan ahead

5th November 2019 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Tax Advice
Tagged in: Business advice, Tax,
Annual Investment Allowance – why you need to plan ahead

Annual Investment Allowance – what is it and why does it matter? The Annual Investment Allowance (AIA)  is a 100 per cent upfront allowance that applies to qualifying expenditure up to the specified annual limit. The AIA is available for
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